Voss Andreas 4
4 · Celsion CORP · Filed May 16, 2018
Insider Transaction Report
Form 4
Celsion CORPCLSN
Voss Andreas
Director
Transactions
- Other
Celsion Corporation Common Stock
2018-05-15$2.24/sh+6,250$14,000→ 6,607 total - Award
Option to Purchase Celsion Corporation Common Stock
2018-05-15+50,000→ 65,357 totalExercise: $2.22From: 2018-05-15Exp: 2028-05-15→ Celsion Corporation Common Stock (50,000 underlying)
Footnotes (4)
- [F1]The Director received his quarterly fees in restricted shares of Celsion Corporation Common Stock in lieu of cash.
- [F2]The number of shares issued to the director was calculated by dividing the quarterly fees by the closing stock price of $2.24 on March 31, 2018.
- [F3]Represents the closing stock price on the option grant date (February 12, 2018) which was subject to the approval of the Celsion Corporation 2018 Stock Incentive Plan at the Annual Meeting of Stockholders held on May 15, 2018.
- [F4]The options vest as follows: 1/2 on the date of grant; 1/4 on the one year anniversary of the date of grant; and 1/4 on the second year anniversary of the date of grant.