Arcellx CFO exercises options for 38,110 shares
Arcellx, Inc. chief financial officer Michelle Gilson exercised stock options to acquire 38,110 shares of Common Stock.
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Rhea-AI Filing Summary
Arcellx, Inc. chief financial officer Michelle Gilson exercised stock options to acquire 38,110 shares of Common Stock. The options were exercised at an exercise price of $8.66 per share on two dates and were granted under Arcellx's 2022 Equity Incentive Plan.
After these exercises, she holds 67,048 Common Stock shares directly. In addition, a family charitable foundation, for which she serves as President and over whose securities she has voting and investment power, holds 5,000 Common Stock shares indirectly. No open-market purchases or sales were reported in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 2,110 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,110 | $8.66 | $18K |
| Exercise | Stock Option (right to buy) | 36,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 36,000 | $8.66 | $312K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Shares held by a a family charitable foundation, of which the Reporting Person serves as the President. The Reporting Person has voting and investment power over all securities owned by the foundation.
- F2. Shares issued pursuant to the Issuer's 2022 Equity Incentive Plan (the "2022 Plan"). 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, 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 May 23, 2022.
Key Figures
Key Terms
Stock Option (right to buy) financial
2022 Equity Incentive Plan financial
Vesting Commencement Date financial
Service Provider financial
family charitable foundation financial
FAQ
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What insider transaction did Arcellx (ACLX) report for its CFO?
At what price did the Arcellx (ACLX) CFO exercise her stock options?
What plan governed the Arcellx (ACLX) CFO’s exercised options?
What is the structure of vesting for the Arcellx (ACLX) CFO’s options?
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