Calvin Yu - 02 Jul 2021 Form 4 Insider Report for Alector, Inc. (ALEC)

Reporting relationship: Vice President, Finance
Issuer ticker: ALEC
Reported as of: 02 Jul 2021
Net transaction value: -$2,902,224
SEC form: 4
Accepted by SEC: 07 Jul 2021, 19:38:23 UTC
Prior SEC filing: 03 Jun 2021
Source filing: View source filing
Reporting owner signature: /s/ David Oh, by power of attorney

Key filing fact

Calvin Yu filed Form 4 for Alector, Inc. (ALEC) on 07 Jul 2021.

Key facts

This page summarizes Calvin Yu's Form 4 filing for Alector, Inc. (ALEC).
15 reported transactions and 6 derivative rows are listed below.
Accepted by SEC: 07 Jul 2021, 19:38.

Change

Previous filing in this sequence was filed on 03 Jun 2021.
Current net transaction value: -$2,902,224.

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.

ALEC transaction

Common Stock

Options Exercise

Transaction value: $150,307
Shares: +18,420
Change %: +15%
Price: $8.16
Shares after: 145,106
Date: 02 Jul 2021
Ownership: Direct

ALEC transaction

Common Stock

Options Exercise

Transaction value: $114,075
Shares: +11,250
Change %: +7.8%
Price: $10.14
Shares after: 156,356
Date: 02 Jul 2021
Ownership: Direct

ALEC transaction

Common Stock

Options Exercise

Transaction value: $534,566
Shares: +31,170
Change %: +20%
Price: $17.15
Shares after: 187,526
Date: 02 Jul 2021
Ownership: Direct

ALEC transaction

Common Stock

Sale

Transaction value: $2,828,758
Shares: -90,840
Change %: -48%
Price: $31.14
Shares after: 96,686
Date: 02 Jul 2021
Ownership: Direct
Footnotes: F1

ALEC transaction

Common Stock

Sale

Transaction value: $800,320
Shares: -20,000
Change %: -21%
Price: $40.02^*
Shares after: 76,686
Date: 02 Jul 2021
Ownership: Direct
Footnotes: F1, F2

ALEC transaction

Common Stock

Options Exercise

Transaction value: $8,503
Shares: +1,042
Change %: +1.4%
Price: $8.16
Shares after: 77,728
Date: 06 Jul 2021
Ownership: Direct

ALEC transaction

Common Stock

Options Exercise

Transaction value: $6,338
Shares: +625
Change %: +0.8%
Price: $10.14
Shares after: 78,353
Date: 06 Jul 2021
Ownership: Direct

ALEC transaction

Common Stock

Options Exercise

Transaction value: $28,589
Shares: +1,667
Change %: +2.1%
Price: $17.15
Shares after: 80,020
Date: 06 Jul 2021
Ownership: Direct

ALEC transaction

Common Stock

Sale

Transaction value: $115,523
Shares: -3,334
Change %: -4.2%
Price: $34.65
Shares after: 76,686
Date: 06 Jul 2021
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

ALEC transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -18,420
Change %: -57%
Price: $0.000000
Shares after: 14,118
Date: 02 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 18,420
Exercise price: $8.16
Footnotes: F3

ALEC transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -11,250
Change %: -51%
Price: $0.000000
Shares after: 10,625
Date: 02 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 11,250
Exercise price: $10.14
Footnotes: F4

ALEC transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -31,170
Change %: -39%
Price: $0.000000
Shares after: 48,830
Date: 02 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 31,170
Exercise price: $17.15
Footnotes: F5

ALEC transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -1,042
Change %: -7.4%
Price: $0.000000
Shares after: 13,076
Date: 06 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,042
Exercise price: $8.16
Footnotes: F3

ALEC transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -625
Change %: -5.9%
Price: $0.000000
Shares after: 10,000
Date: 06 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 625
Exercise price: $10.14
Footnotes: F4

ALEC transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -1,667
Change %: -3.4%
Price: $0.000000
Shares after: 47,163
Date: 06 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,667
Exercise price: $17.15
Footnotes: F5

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted August 31, 2020.

Footnote F2

The sale price reported in column 4 of Table I represents the weighted average sale price of the shares purchased ranging from $40.00 to $40.32 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.

Footnote F3

Shares subject to the option vest in 48 equal monthly installments beginning on August 2, 2018.

Footnote F4

One-fourth of the total number of shares subject to the option grant vested on November 1, 2019, and an additional 1/48th of the total number of shares vest monthly thereafter.

Footnote F5

Shares subject to the option vest in 48 equal monthly installments beginning on December 6, 2019.