Lewis T. "rusty" Williams - 08 Feb 2022 Form 4 Insider Report for Arcellx, Inc. (ACLX)

Reporting relationship: Director
Issuer ticker: ACLX
Reported as of: 08 Feb 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 09 Feb 2022, 16:54:16 UTC
Prior SEC filing: 03 Feb 2022
Next SEC filing: 27 May 2022
Source filing: View source filing
Reporting owner signature: /s/ Lance Thibault, as Attorney-in-Fact

Key filing fact

Lewis T. "rusty" Williams filed Form 4 for Arcellx, Inc. (ACLX) on 09 Feb 2022.

Key facts

This page summarizes Lewis T. "rusty" Williams's Form 4 filing for Arcellx, Inc. (ACLX).
3 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 09 Feb 2022, 16:54.

Change

Previous filing in this sequence was filed on 03 Feb 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ACLX transaction

Common Stock

Conversion of derivative security

Transaction value: $0
Shares: +2,095,114
Change %
Price: $0.000000
Shares after: 2,095,114
Date: 08 Feb 2022
Ownership: See footnote
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ACLX transaction Derivative

Series B-1 Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -1,163,886
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 08 Feb 2022
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 1,163,886
Exercise price
Footnotes: F1, F2

ACLX transaction Derivative

Series B-2 Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -931,228
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 08 Feb 2022
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 931,228
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

All shares of Series B-1 Preferred Stock, par value $0.001 per share, and Series B-2 Preferred Stock, par value $0.001 per share, of the Issuer automatically converted on a one-for-one basis to shares of the Issuer's common stock, par value $0.001 per share ("Common Stock") immediately prior to the closing of the Issuer's initial public offering of its Common Stock. The right to convert the Series B-1 Preferred Stock and Series B-2 Preferred Stock into Common Stock had no expiration date.

Footnote F2

Shares directly held by Quan Venture Fund II, L.P. The general partner of Quan Capital is Quan Venture Partners II, L.L.C. The Reporting Person, a member of the Issuer's board of directors, is a venture partner at Quan Venture Partners II, L.L.C. and, therefore, may be deemed to have a pecuniary interest over these shares. The Reporting Person disclaims beneficial ownership of the shares held of record by Quan Venture Fund II, L.P. except to the extent of his pecuniary interest therein.