David D. Chang - Mar 14, 2023 Form 4 Insider Report for Allogene Therapeutics, Inc. (ALLO)

Signature
Veer Bhavnagri as attorney-in-fact
Stock symbol
ALLO
Transactions as of
Mar 14, 2023
Transactions value $
-$124,210
Form type
4
Date filed
3/16/2023, 05:32 PM
Previous filing
Mar 25, 2022
Next filing
Mar 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALLO Common Stock Tax liability -$124K -22.3K -0.97% $5.56 2.27M Mar 14, 2023 Direct F1, F2, F3
holding ALLO Common Stock 1.2M Mar 14, 2023 See footnote F4
holding ALLO Common Stock 856K Mar 14, 2023 See footnote F5
holding ALLO Common Stock 856K Mar 14, 2023 See footnote F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plan to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.49 to $5.595, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F3 Includes 135 and 2000 share of the Issuer's common stock acquired by the reporting person on September 15, 2021 and on March 15, 2023 pursuant to an employee stock purchase program, respectively.
F4 Securities held in the name of the Chang 2006 Family Trust
F5 Securities held in the name of the JEC 2019 Trust dated October 1, 2019.
F6 Securities held in the name of the RTC 2019 Trust dated October 1, 2019.