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Heery Christopher's Form 4/A amendment

Amended

Arcellx, Inc. (ACLX) · filed Jan 10, 2025

Accession no.
0001415889-25-001342
Filed
Jan 10, 2025
Trade date
Jan 2-6, 2025
Filing delay
8 days
Rule 10b5-1 plan
Not checked
Original filed
Jan 6, 2025

This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $466.2K. It was filed 8 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Heery ChristopherCIK 0001789632Officer (CHIEF MEDICAL OFFICER)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jan 2, 2025Common StockMOption exerciseAcquired+13,021$0.00$022,299Direct
Jan 3, 2025Common StockSSaleDisposed−2,975$79.55F4−$236,661.2535,843Direct
Jan 6, 2025Common StockSSaleDisposed−2,975$77.17F4−$229,580.7532,868Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Jan 2, 2025Common StockMOption exerciseDisposed−13,021$0.00$026,042Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. Vesting of these RSUs previously reported in the Form 4 filed January 6, 2025.

F2

Represents a broker-assisted sale to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted stock units.

F3

Amendment filed to report the correct number of shares sold to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted stock units reported in the Form 4 filed on January 6, 2025.

F4

The price reported reflects the weighted average sales price. These shares were sold in multiple transactions at prices that were not available from the broker at the time of filing. The Reporting Person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.

Referenced by the price of 2 transactions in Table I.

F5

Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2022 Equity Incentive Plan) through each applicable vesting date, one-third (1/3rd) of the RSUs subject to the award will vest each year following the RSU Grant Date on the same day of the month as the RSU Grant Date (or, if there is no corresponding day in a particular month, then the last day of the month) over three (3) years. "RSU Grant Date" shall mean January 2, 2024.

Read the full filing on SEC EDGAR (opens in a new tab)