Patel Kavita 4
4 · Arcellx, Inc. · Filed Feb 25, 2025
Insider Transaction Report
Form 4
Arcellx, Inc.ACLX
Patel Kavita
Director
Transactions
- Exercise/Conversion
Common Stock
2025-02-25$6.66/sh+1,500$9,990→ 1,500 total - Sale
Common Stock
2025-02-25$63.16/sh−1,500$94,740→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2025-02-25−1,500→ 34,577 totalExercise: $6.66Exp: 2031-12-07→ Common Stock (1,500 underlying)
Footnotes (2)
- [F1]The sale of shares reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 28, 2024.
- [F2]Shares issued pursuant to the Issuer's 2017 Equity Incentive Plan (the "2017 Plan"). Subject to the Reporting Person continuing to be a Service Provider (as defined in the 2017 Plan) through each applicable date, twenty-five percent (25%) of the shares subject to the option shall vest on the one (1) year anniversary of the Vesting Commencement Date, and one forty-eighth (1/48th) of the shares subject to the option shall vest each month thereafter on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month). "Vesting Commencement Date" shall mean December 1, 2021.