Brendan P. Eckelman - Jan 3, 2023 Form 4 Insider Report for Inhibrx, Inc. (INBX)

Signature
/s/ Kelly D. Deck, attorney-in-fact
Stock symbol
INBX
Transactions as of
Jan 3, 2023
Transactions value $
-$948,598
Form type
4
Date filed
1/4/2023, 04:53 PM
Previous filing
Dec 7, 2022
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INBX Common Stock Sale -$520K -22.2K -1.03% $23.41 2.13M Jan 3, 2023 By the Eckelman Living Trust dated February 5, 2014 F1, F2, F3
transaction INBX Common Stock Sale -$209K -8.6K -0.4% $24.36 2.12M Jan 3, 2023 By the Eckelman Living Trust dated February 5, 2014 F1, F3, F4
transaction INBX Common Stock Sale -$52.3K -2.08K -0.1% $25.09 2.12M Jan 3, 2023 By the Eckelman Living Trust dated February 5, 2014 F1, F3, F5
transaction INBX Common Stock Sale -$94.8K -4.1K -0.19% $23.11 2.12M Jan 4, 2023 By the Eckelman Living Trust dated February 5, 2014 F1, F3, F6
transaction INBX Common Stock Sale -$72K -3K -0.14% $23.99 2.12M Jan 4, 2023 By the Eckelman Living Trust dated February 5, 2014 F1, F3, F7
holding INBX Common Stock 160K Jan 3, 2023 By trust F8
holding INBX Common Stock 160K Jan 3, 2023 By trust F9

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction INBX Stock Option (right to buy) Award $0 +40K $0.00 40K Jan 3, 2023 Common Stock 40K $23.30 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Eckelman Living Trust dated February 5, 2014.
F2 The shares were sold in multiple transactions at prices ranging from $23.01 to $24.00, inclusive. The reported price reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
F3 These securities are directly owned by the Eckelman Living Trust dated February 5, 2014. Brendan P. Eckelman is the trustee of the Eckelman Living Trust dated February 5, 2014 and, in such capacity, may be deemed to indirectly beneficially own the securities owned by the Eckelman Living Trust dated February 5, 2014.
F4 The shares were sold in multiple transactions at prices ranging from $24.01 to $24.99, inclusive. The reported price reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
F5 The shares were sold in multiple transactions at prices ranging from $25.02 to $25.48, inclusive. The reported price reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
F6 The shares were sold in multiple transactions at prices ranging from $22.60 to $23.56, inclusive. The reported price reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
F7 The shares were sold in multiple transactions at prices ranging from $23.61 to $24.41, inclusive. The reported price reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
F8 These securities are directly owned by a trust, for the benefit of Brendan P. Eckelman's minor son. Brendan P. Eckelman is the trustee of the trust, and, in such capacity, may be deemed to indirectly beneficially own the securities owned by the trust.
F9 These securities are directly owned by a trust, for the benefit of Brendan P. Eckelman's minor daughter. Brendan P. Eckelman is the trustee of the trust, and, in such capacity, may be deemed to indirectly beneficially own the securities owned by the trust.
F10 Twenty-five percent (25%) of the total shares subject to the stock option become exercisable on January 3, 2024, with the balance to vest and become exercisable in equal successive monthly installments forthirty-six (36) months thereafter.