Shao-Lee Lin - Jan 2, 2024 Form 4 Insider Report for ACELYRIN, Inc. (SLRN)

Signature
/s/ Mina Kim, Attorney-in-fact
Stock symbol
SLRN
Transactions as of
Jan 2, 2024
Transactions value $
-$79,188
Form type
4
Date filed
1/4/2024, 06:09 PM
Previous filing
Oct 6, 2023
Next filing
Jan 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLRN Common Stock Sale -$79.2K -10.7K -0.66% $7.41 1.6M Jan 2, 2024 Direct F1, F2, F3
holding SLRN Common Stock 487K Jan 2, 2024 See footnote F4
holding SLRN Common Stock 678K Jan 2, 2024 See footnote F5
holding SLRN Common Stock 355K Jan 2, 2024 See footnote F6
holding SLRN Common Stock 350K Jan 2, 2024 See footnote F7
holding SLRN Common Stock 5.07K Jan 2, 2024 See footnote F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 was effected pursuant to the Issuer's policy requiring sell-to-cover to satisfy certain tax obligations of the Reporting Person incurred with the vesting and settlement of certain Restricted Stock Units, and does not represent a discretionary sale 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 no more than $7.62 and no less than $7.29, 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 in this footnote.
F3 Includes 1,293 shares of Common Stock acquired pursuant to the Issuer's 2023 Employee Stock Purchase Plan ("ESPP"), for the purchase period of June 15, 2023 to December 14, 2023. This transaction is exempt from Rule 16b-3(c). In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the Issuer's Common Stock on December 14, 2023.
F4 Shares held directly by Shao-Lee Lin 2020 Gift Trust Dtd 7/16/20, for which the Reporting Person's spouse serves as trustee.
F5 Shares held directly by Shao-Lee Lin, Trustee of the Shao-Lee Lin Trust u/a/d September 23, 2005, for which the Reporting Person serves as trustee.
F6 Shares held directly by Lin Family 2020 Gift Trust Dtd 7/16/20, for which the Reporting Person's spouse shares voting and investment power.
F7 Shares held directly by Susie Jun 2020 Gift Trust dtd 7/16/20, for which the Reporting Person serves as trustee.
F8 Shares held directly by Susie Jun, Trustee of the Susie Jun Trust U/A/D September 23, 2005, for which the Reporting Person's spouse serves as trustee.