Shao-Lee Lin - Feb 20, 2024 Form 4 Insider Report for ACELYRIN, Inc. (SLRN)

Role
Chief Executive Officer, Director
Signature
/s/ Mina Kim, Attorney-in-fact
Stock symbol
SLRN
Transactions as of
Feb 20, 2024
Transactions value $
-$119,403
Form type
4
Date filed
2/22/2024, 07:04 PM
Previous filing
Jan 11, 2024
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLRN Common Stock Sale -$119K -15.7K -0.98% $7.60 1.59M Feb 20, 2024 Direct F1, F2
holding SLRN Common Stock 487K Feb 20, 2024 See footnote F3
holding SLRN Common Stock 678K Feb 20, 2024 See footnote F4
holding SLRN Common Stock 355K Feb 20, 2024 See footnote F5
holding SLRN Common Stock 350K Feb 20, 2024 See footnote F6
holding SLRN Common Stock 5.07K Feb 20, 2024 See footnote F7
* 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 $7.75 and no less than $7.50, 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 Shares held directly by Shao-Lee Lin 2020 Gift Trust Dtd 7/16/20, for which the Reporting Person's spouse serves as trustee.
F4 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.
F5 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.
F6 Shares held directly by Susie Jun 2020 Gift Trust dtd 7/16/20, for which the Reporting Person serves as trustee.
F7 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.