SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Drappa Jorn

(Last) (First) (Middle)
C/O ALUMIS INC.
280 EAST GRAND AVENUE

(Street)
SOUTH SAN FRANCISCO CA 94080

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ALUMIS INC. [ ALMS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Medical Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/27/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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) $16 06/27/2024 A 5,347 (1) 06/26/2034 Class A Common Stock 5,347 $0 5,347 D
Stock Option (Right to Buy) $16 07/01/2024 D(2) 5,347 (1) 06/26/2034 Class A Common Stock 5,347 $0 0 D
Stock Option (Right to Buy) $16 07/01/2024 A(2) 5,347 (1) 06/26/2034 Common Stock 5,347 $0 5,347 D
Stock Option (Right to Buy) $8.84 07/01/2024 D(2) 85,561 (3) 08/29/2032 Class A Common Stock 85,561 $0 0 D
Stock Option (Right to Buy) $8.84 07/01/2024 A(2) 85,561 (3) 08/29/2032 Common Stock 85,561 $0 85,561 D
Stock Option (Right to Buy) $8.84 07/01/2024 D(2) 171,122 (4) 08/29/2032 Class A Common Stock 171,122 $0 0 D
Stock Option (Right to Buy) $8.84 07/01/2024 A(2) 171,122 (4) 08/29/2032 Common Stock 171,122 $0 171,122 D
Stock Option (Right to Buy) $8.84 07/01/2024 D(2) 12,834 (5) 06/22/2033 Class A Common Stock 12,834 $0 0 D
Stock Option (Right to Buy) $8.84 07/01/2024 A(2) 12,834 (5) 06/22/2033 Common Stock 12,834 $0 12,834 D
Stock Option (Right to Buy) $8.84 07/01/2024 D(2) 18,652 (6) 10/08/2033 Class A Common Stock 18,652 $0 0 D
Stock Option (Right to Buy) $8.84 07/01/2024 A(2) 18,652 (6) 10/08/2033 Common Stock 18,652 $0 18,652 D
Stock Option (Right to Buy) $8.84 07/01/2024 D(2) 54,545 (7) 03/28/2034 Class A Common Stock 54,545 $0 0 D
Stock Option (Right to Buy) $8.84 07/01/2024 A(2) 54,545 (7) 03/28/2034 Common Stock 54,545 $0 54,545 D
Stock Option (Right to Buy) $10.2 07/01/2024 D(2) 70,802 (8) 05/05/2034 Class A Common Stock 70,802 $0 0 D
Common Stock (Right to Buy) $10.2 07/01/2024 A(2) 70,802 (8) 05/05/2034 Common Stock 70,802 $0 70,802 D
Stock Option (Right to Buy) $13.33 07/01/2024 D(2) 64,171 (9) 06/05/2034 Class A Common Stock 64,171 $0 0 D
Stock Option (Right to Buy) $13.33 07/01/2024 A(2) 64,171 (9) 06/05/2034 Common Stock 64,171 $0 64,171 D
Explanation of Responses:
1. 25% of the shares underlying this option vest on June 21, 2025, and the remaining shares vest in equal monthly installments thereafter over the following 36 months, subject to acceleration and the Reporting Person's continuous service to the Issuer on each such vesting date.
2. Pursuant to a reclassification exempt under Rule 16b-7 and Rule 16b-3, each share of Class A Common Stock was reclassified into one share of voting Common Stock.
3. 33% of the shares underlying this option vested on August 22, 2024, and the remaining shares vest in equal monthly installments thereafter over the following 48 months, subject to acceleration and the Reporting Person's continuous service to the Issuer on each such vesting date.
4. 25% of the shares underlying this option vested on August 22, 2023, and the remaining shares vest in equal monthly installments thereafter over the following 36 months, subject to acceleration and the Reporting Person's continuous service to the Issuer on each such vesting date.
5. 25% of the shares underlying this option vested on May 22, 2024, and the remaining shares vest in equal monthly installments thereafter over the following 36 months, subject to acceleration and the Reporting Person's continuous service to the Issuer on each such vesting date.
6. 25% of the shares underlying this option vest on October 9, 2024, and the remaining shares vest in equal monthly installments thereafter over the following 36 months, subject to acceleration and the Reporting Person's continuous service to the Issuer on each such vesting date.
7. 25% of the shares underlying this option vest on March 29, 2025, and the remaining shares vest in equal monthly installments thereafter over the following 36 months, subject to acceleration and the Reporting Person's continuous service to the Issuer on each such vesting date.
8. The option vests in three equal installments, subject to the Issuer's satisfaction of certain performance criteria on each of May 6, 2028, May 6, 2029 and May 6, 2030, and subject to acceleration and the Reporting Person's continuous service to the Issuer on each such vesting date.
9. 25% of the shares underlying this option vest on June 6, 2025, and the remaining shares vest in equal monthly installments thereafter over the following 36 months, subject to acceleration and the Reporting Person's continuous service to the Issuer on each such vesting date.
/s/ Sara Klein, Attorney-in-Fact 07/01/2024
** Signature of Reporting Person Date
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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