CL-USER> #1=[FOO :bar #1#] The form read is (FOO :BAR #S(SB-IMPL::SHARP-EQUAL-WRAPPER :LABEL 1 :VALUE SB-IMPL::+SHARP-EQUAL-MARKER+)) After initialize instance: [FOO :bar #S(SB-IMPL::SHARP-EQUAL-WRAPPER.. [standard-object] Slots with :INSTANCE allocation: BAR = #S(SB-IMPL::SHARP-EQUAL-WRAPPER.. #1=[FOO :bar #1#]