Arbadji Michel 4
4 · Calyxt, Inc. · Filed Jun 22, 2018
Insider Transaction Report
Form 4
Calyxt, Inc.CLXT
Arbadji Michel
Director of Bus. Development
Transactions
- Exercise/Conversion
Common Stock
2018-06-20$3.59/sh+6,500$23,321→ 31,490 total - Exercise/Conversion
Stock Option (Right to Buy)
2018-06-20−6,500→ 112,500 totalExercise: $3.59Exp: 2026-04-07→ Common Stock (6,500 underlying) - Sale
Common Stock
2018-06-20$22.00/sh−6,500$143,000→ 24,990 total
Footnotes (3)
- [F1]Includes 24,990 restricted stock units with respect to Calyxt, Inc. common stock, which were granted on June 14, 2017 and remain unvested; 4,410 will vest on the second anniversary of the grant date, with the remainder vesting quarterly in equal installments over the following 42 months.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2017.
- [F3]The Stock Option was granted on April 7, 2016 and vests 20% on the grant date and 10% on the first anniversary of the grant date, with the remainder vesting quarterly in equal installments over the following 42 months (or with an additional 25% vesting immediately if Calyxt, Inc. undergoes a change in control, liquidation, dissolution or initial public offering and the remainder vesting quarterly thereafter).