4//SEC Filing
Svoronos Dawn 4
Accession 0001962918-25-000054
CIK 0001962918other
Filed
May 22, 8:00 PM ET
Accepted
May 23, 4:06 PM ET
Size
13.2 KB
Accession
0001962918-25-000054
Insider Transaction Report
Form 4
ACELYRIN, Inc.SLRN
Graham Dawn
Director
Transactions
- Disposition to Issuer
Common Stock
2025-05-21−15,000→ 0 total - Disposition to Issuer
Director Stock Option (right to buy)
2025-05-21−92,158→ 0 totalExercise: $4.46Exp: 2034-06-06→ Common Stock (92,158 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2025-05-21−23,243→ 0 totalExercise: $18.00Exp: 2033-05-03→ Common Stock (23,243 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2025-05-21−155,450→ 0 totalExercise: $5.88Exp: 2032-11-30→ Common Stock (155,450 underlying)
Footnotes (5)
- [F1]On February 6, 2025, ACELYRIN, Inc., a Delaware corporation (the "Company"), entered into an Agreement and Plan of Merger (as amended on April 20, 2025, the "Merger Agreement") with Alumis, Inc., a Delaware corporation ("Parent"), and Arrow Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub"). Pursuant to the Merger Agreement, on May 21, 2025, Merger Sub merged with and into the Company (the "Merger"), with the Company surviving as a wholly owned subsidiary of Parent. At the effective time of the Merger (the "Effective Time"), each share of common stock, par value $0.00001 per share, of the Company issued and outstanding was converted into the right to receive 0.4814 (the "Exchange Ratio") shares of voting common stock of Parent, par value $0.0001 per share ("Parent Common Stock"), and cash in lieu of any fractional shares.
- [F2]All of the shares subject to the option vest on the earlier of (i) June 7, 2025, or (ii) the day immediately preceding the next annual meeting of stockholders following the grant date of the option, subject to the Reporting Person's continued service as a director through the vesting date.
- [F3]Pursuant to the Merger Agreement, at the Effective Time each stock option that was outstanding and unexercised immediately prior to the Effective Time with a per share exercise price of $18.00 or less was assumed by Parent and converted into an option to purchase a number of shares of Parent Common Stock equal to (i) the number of shares subject to the option immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio, with any fractional shares rounded down to the nearest whole share, which stock option shall have an exercise price equal to (i) the per share exercise price for shares subject to the corresponding Company stock option immediately prior to the Effective Time, divided by (ii) the Exchange Ratio, rounded up to the nearest whole cent.
- [F4]1/36 of the shares subject to the option vested on June 4, 2023, and 1/36 of the shares subject to the option vest in equal monthly installments thereafter, subject to the Reporting Person's continued service.
- [F5]1/48 of the shares subject to the option vested on January 1, 2023 and 1/48 of the shares subject to the option vests in equal monthly installments thereafter, subject to the Reporting Person's continued service.
Documents
Issuer
ACELYRIN, Inc.
CIK 0001962918
Entity typeother
Related Parties
1- filerCIK 0001574579
Filing Metadata
- Form type
- 4
- Filed
- May 22, 8:00 PM ET
- Accepted
- May 23, 4:06 PM ET
- Size
- 13.2 KB