Alector appoints Marc Grasso, M.D. as CFO; base salary $480K, stock option 450K shares

Alector, Inc.

Marc Grasso appointed CFO effective Feb 7, 2022; succeeds interim CFO Linda Rubinstein.
Annual base salary $480,000; eligible for performance bonus up to 40% of salary.
Received sign-on bonus of $103,000 and stock option for 450,000 shares vesting over 4 years.
Grasso previously CFO and CBO at Kura Oncology; brings investment banking background.
Rubinstein continues as Principal Financial Officer and Accounting Officer until Feb 25, 2022.

item 5.02 item 9.01

Executive movements

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Appointed

Marc Grasso

Chief Financial Officer

ALEC · Alector, Inc.

Effective: 2022-02-07
Filed: February 7, 2022, 6:59 PM ET

On February 7, 2022, Alector, Inc. (“Alector”) announced the appointment of Marc Grasso, M.D. as Alector’s Chief Financial Officer.

Role change

Linda Rubinstein

interim Chief Financial Officer

ALEC · Alector, Inc.

Effective: 2022-02-07
Successor: Marc Grasso
Filed: February 7, 2022, 6:59 PM ET

Effective upon Dr. Grasso’s appointment on February 7, 2022, Ms. Linda Rubinstein will no longer serve as Alector’s interim Chief Financial Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Marc Grasso was appointed as Chief Financial Officer at Alector, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On February 7, 2022, Alector, Inc. (“Alector”) announced the appointment of Marc Grasso, M.D. as Alector’s Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Linda Rubinstein changed role as interim Chief Financial Officer at Alector, Inc..

Action: will no longer serve as
Role: interim Chief Financial Officer

Exact text from the filing

Effective upon Dr. Grasso’s appointment on February 7, 2022, Ms. Linda Rubinstein will no longer serve as Alector’s interim Chief Financial Officer.

View on SEC.gov

Alector, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-22-000835

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