Sec Form 4 Filing - Yu Calvin @ Alector, Inc. - 2020-02-06

Insider filing report for Changes in Beneficial Ownership

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The following is an SEC EDGAR document rendered as filed.

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Yu Calvin
2. Issuer Name and Ticker or Trading Symbol
Alector, Inc. [ ALEC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Vice President, Finance
(Last)
(First)
(Middle)
C/O ALECTOR, INC., 131 OYSTER POINT BLVD, SUITE 600
3. Date of Earliest Transaction (MM/DD/YY)
02/06/2020
(Street)
SOUTH SAN FRANCISCO, CA94080
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/06/2020 M 1,096 A $ 8.16 126,390 D
Common Stock 02/06/2020 M 725 A $ 10.14 127,115 D
Common Stock 02/06/2020 S( 1 ) 2,621 D $ 35 124,494 D
Common Stock 02/07/2020 M 2,825 A $ 8.16 127,319 D
Common Stock 02/07/2020 M 7,400 A $ 10.14 134,719 D
Common Stock 02/07/2020 S( 1 ) 24,033 D $ 35.02 ( 2 ) 110,686 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 8.16 02/06/2020 M 1,096 ( 3 ) 07/01/2028 Common Stock 1,096 $ 0 35,363 D
Stock Option (right to buy) $ 10.14 02/06/2020 M 725 ( 4 ) 11/05/2028 Common Stock 725 $ 0 29,275 D
Stock Option (right to buy) $ 8.16 02/07/2020 M 2,825 ( 3 ) 07/01/2028 Common Stock 2,825 $ 0 32,538 D
Stock Option (right to buy) $ 10.14 02/07/2020 M 7,400 ( 4 ) 11/05/2028 Common Stock 7,400 $ 0 21,875 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Yu Calvin
C/O ALECTOR, INC.
131 OYSTER POINT BLVD, SUITE 600
SOUTH SAN FRANCISCO, CA94080
Vice President, Finance
Signatures
/s/ Stephanie Yonker, attorney-in-fact 02/10/2020
** Signature of Reporting Person Date
Explanation of Responses:
( 1 )The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan.
( 2 )The sale price reported in column 4 of Table I represents the weighted average sale price of the shares purchased ranging from $35.00 to $35.13 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
( 3 )One forty-eighth (1/48th) of the shares subject to the option vested on August 2, 2018, and an additional one forty-eighth (1/48th) of the shares subject to the option shall vest each month thereafter.
( 4 )One fourth (1/4th) of the shares subject to the option vested on November 1, 2019, and one forty-eighth (1/48th) of the shares subject to the option shall vest each month thereafter.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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