Kelly Deck - Mar 13, 2024 Form 4 Insider Report for Inhibrx, Inc. (INBX)

Role: Chief Financial Officer
Signature: /s/ Kelly Deck
Stock symbol: INBX
Transactions as of: Mar 13, 2024
Transactions value $: -$1,148,998
Form type: 4
Date filed: 3/15/2024, 04:46 PM
Previous filing: Mar 12, 2024
Next filing: Mar 22, 2024

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)	Options Exercise	-$1.15M	-32.4K	-93.95%	$35.43	2.09K	Mar 13, 2024	Common Stock	32.4K	$11.25	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Twenty-five percent (25%) of the total shares subject to the stock option became exercisable on April 21, 2021, with the balance to vest and become exercisable in equal successive monthly installments for thirty-six (36) months thereafter.
F2	The stock options were exercised in multiple transactions at prices ranging from $35.40 to $35.50, 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.

Content

Twenty-five percent (25%) of the total shares subject to the stock option became exercisable on April 21, 2021, with the balance to vest and become exercisable in equal successive monthly installments for thirty-six (36) months thereafter.

The stock options were exercised in multiple transactions at prices ranging from $35.40 to $35.50, 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.