secwatch.observer — SEC 8-K summary
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Issuer:     Alector, Inc. (ALEC)
CIK:        0001653087
Form:       8-K
Filed at:   2022-02-07T23:59:59+00:00
Accession:  0000950170-22-000835
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653087/000095017022000835/0000950170-22-000835-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653087/000095017022000835/alec-20220207.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-000835

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer