Home/Filings/4/0001236031-20-000019
4//SEC Filing

CIPRIANO JOHN 4

Accession 0001236031-20-000019

CIK 0000725363other

Filed

Apr 19, 8:00 PM ET

Accepted

Apr 20, 4:52 PM ET

Size

6.1 KB

Accession

0001236031-20-000019

Insider Transaction Report

Form 4
Period: 2020-04-20
CIPRIANO JOHN
Senior Vice President
Transactions
  • Award

    Options

    2020-04-20$0.01/sh+160,000$1,600610,027 total
    Exercise: $10.93Exp: 2030-04-19Common Stock (160,000 underlying)
Footnotes (1)
  • [F1]These stock options are performance based. Each option entitles the holder to purchase one share of the Company's common stock at a price of $10.93 per share. The stock options vest upon the achievement of the following performance goals: i) 25% of the options will vest when the closing price of the Company's common stock exceeds $20.00 for ten consecutive trading days; ii) 50% of the options will vest when the closing price of the Company's common stock exceeds $25.00 for ten consecutive trading days; iii) 75% of the options will vest when the closing price of the Company's common stock exceeds $30.00 for ten consecutive trading days; and iv) 100% of the options will vest when either (a) the filing of the first marketing application for any pharmaceutical based upon the Company's Multikine technology in any of the USA, Canada, UK, Germany, France, Italy, Spain, Japan, or Australia or (b) the closing price of the Company's common stock exceeds $40.00 for ten consecutive trading days.

Issuer

CEL SCI CORP

CIK 0000725363

Entity typeother

Related Parties

1
  • filerCIK 0001282304

Filing Metadata

Form type
4
Filed
Apr 19, 8:00 PM ET
Accepted
Apr 20, 4:52 PM ET
Size
6.1 KB