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4//SEC Filing

CARUSO JAMES V 4

Accession 0001104659-21-032850

CIK 0001279704other

Filed

Mar 4, 7:00 PM ET

Accepted

Mar 5, 5:45 PM ET

Size

10.2 KB

Accession

0001104659-21-032850

Insider Transaction Report

Form 4
Period: 2021-03-04
CARUSO JAMES V
DirectorPresident and CEO
Transactions
  • Purchase

    Common Stock

    2021-03-04$1.70/sh+5,100$8,65986,401 total
  • Award

    Stock option (right to buy)

    2021-03-04+1,600,0001,600,000 total
    Exercise: $1.74Exp: 2031-03-04Common Stock (1,600,000 underlying)
  • Sale

    Series A Warrants

    2021-03-04$0.19/sh+46,948$8,7180 total
    Exercise: $30.40From: 2016-04-20Exp: 2021-04-20Common Stock (4,694 underlying)
Footnotes (3)
  • [F1]Mr. Caruso used the proceeds of the sale of the Series A Warrants, which expire in April 2021, to purchase shares of Cellectar's common stock.
  • [F2]Ten warrants are convertible into one share of Cellectar's common stock at an exercise price of $30.40 per share of common stock.
  • [F3]This option grant is a contingent grant subject to the following conditions: (i) approval by Cellectar's stockholders of shares available under Cellectar's equity incentive plans at Cellectar's 2021 annual meeting of stockholders or other special meeting of stockholders called for such purpose; and (ii) to the extent stockholder approval is received, the grant shall vest over a period of three years from the grant date, with 1/3 vesting on the first anniversary of the grant date and the remainder vesting in 24 equal monthly installments over a 24 month period beginning on the first anniversary of the grant date.

Issuer

Cellectar Biosciences, Inc.

CIK 0001279704

Entity typeother

Related Parties

1
  • filerCIK 0001202770

Filing Metadata

Form type
4
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 5:45 PM ET
Size
10.2 KB