IGNARRO LOUIS 4
4 · CYTRX CORP · Filed Aug 13, 2020
Insider Transaction Report
Form 4
CYTRX CORPCYTR
IGNARRO LOUIS
Director
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2020-08-07−700,000→ 0 totalExercise: $0.26From: 2019-12-13Exp: 2029-12-12→ CytRx Common Stock (700,000 underlying) - Exercise/Conversion
Common Stock, par value $0.001 per share
2020-08-07$0.26/sh+700,000$182,000→ 872,427 total - Tax Payment
Common Stock, par value $0.001 per share
2020-08-07$0.67/sh−271,642$182,000→ 600,785 total
Footnotes (1)
- [F1]Reflects 271,642 shares withheld by the Issuer at the market price of $0.67 per share to fund the cashless exercise of 700,000 options at an exercise price of $0.26 per share.