Kardaras Constantine John 4
4 · Celsion CORP · Filed Dec 16, 2021
Insider Transaction Report
Form 4
Celsion CORPCLSN
Kardaras Constantine John
Chief Accounting Officer
Transactions
- Award
Option to Purchase Celsion Corporation Common Stock
2021-12-14$0.63/sh+35,000$22,050→ 35,000 totalExercise: $0.63From: 2022-12-14Exp: 2031-12-14→ Celsion Corporation Common Stock (35,000 underlying) - Award
Celsion Corporation Common Stock
2021-12-14+10,000→ 10,000 total
Footnotes (3)
- [F1]Stock grant award which will vest on the first anniversary of hire date (December 6, 2022). Fair value of the stock award is $0.63 per share based on the closing price of Celsion Common Stock the award date.
- [F2]The options vest as follows: 1/3 on the one year anniversary of the date of grant; 1/3 on the second year anniversary of the date of grant; and 1/3 on the third year anniversary of the date of grant.
- [F3]Represents the per share fair value of the common stock based on the closing price of a share of Celsion Common Stock on the date of the award.