Filing Details

Accession Number:
0000899243-20-017687
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-06-25 17:53:54
Reporting Period:
2020-06-23
Accepted Time:
2020-06-25 17:53:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1653087 Alector Inc. ALEC () MA
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1117003 Terrance Mcguire C/o Polaris Venture Partners Lp
One Marina Park Drive, 10Th Floor
Boston MA 02210
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2020-06-23 4,377 $31.54 12,853,817 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
Footnotes
  1. 242 shares were sold by Polaris Venture Partners Founders' Fund VI, L.P ("PVPFF VI"), 3,153 shares were sold by Polaris Venture Partners VI (AIV), L.P. ("PVP VI AIV") and 982 shares were sold by PVP VI (AIV) Feeder Corp. Holding Partnership, L.P. ("PVP VI Feeder" and, together with PVP VI AIV, PVPFF VI, and Polaris Venture Partners VI, L.P. ("PVP VI"), the "Polaris Funds"). The general partner of each of the Polaris Funds is Polaris Venture Management Co. VI, L.L.C. ("PVM"). Each of Amir Nashat, Brian Chee, David Barrett, Bryce Youngren, Jonathan Flint, and the Reporting Person, a member of the Issuer's board of directors, are managing members of PVM (collectively, the "Managing Members") and may be deemed to have shared power to vote and dispose of the shares held by the Polaris Funds.
  2. (continued from footnote 1) Each of the Managing Members and PVM disclaims beneficial ownership of the securities held by the Polaris Funds, and this report shall not be deemed an admission that any of them is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of their respective pecuniary interest therein.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.50 to $31.61, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4.
  4. 709,675 shares are held by PVPFF VI, 9,347,724 shares are held by PVP VI AIV, 2,297,950 shares are held by PVP VI Feeder and 498,468 shares are held by PVP VI. Each of the Managing Members and PVM disclaims beneficial ownership of the securities held by the Polaris Funds, and this report shall not be deemed an admission that any of them is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of their respective pecuniary interest therein.