Patrick Machado - 04 May 2023 Form 3 Insider Report for ACELYRIN, Inc. (SLRN)

Role
Director
Signature
/s/ Mina Kim, Attorney-in-fact
Issuer symbol
SLRN
Transactions as of
04 May 2023
Net transactions value
$0
Form type
3
Filing time
04 May 2023, 19:47:46 UTC
Previous filing
17 Aug 2022
Next filing
11 May 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SLRN Director Stock Option (right to buy) 04 May 2023 Class A Common Stock 40,567 $0.7683 Direct F1, F2
holding SLRN Director Stock Option (right to buy) 04 May 2023 Class A Common Stock 86,206 $5.88 Direct F2, F3
holding SLRN Director Stock Option (right to buy) 04 May 2023 Class A Common Stock 28,675 $5.88 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/48 of the shares subject to the option vested on May 19, 2021 and 1/48 of the shares subject to the option vests in equal monthly installments thereafter, subject to the Reporting Person's continued service.
F2 Each share of Class A Common Stock shall be reclassified into one share of Common Stock immediately prior to the completion of the Issuer's initial public offering of Common Stock.
F3 1/48 of the shares subject to the option vested on November 1, 2022 and 1/48 of the shares subject to the option vests in equal monthly installments thereafter, subject to the Reporting Person's continued service.
F4 1/48 of the shares subject to the option vested on December 17, 2022 and 1/48 of the shares subject to the option vests in equal monthly installments thereafter, subject to the Reporting Person's continued service.

Remarks:

Exhibit 24 - Power of Attorney