Carrera Eric 4
4 · Ensysce Biosciences, Inc. · Filed Jul 1, 2021
Insider Transaction Report
Form 4
Carrera Eric
Senior Vice President
Transactions
- Award
Warrants
2021-06-30$1.00/sh+30,000$30,000→ 30,000 totalExercise: $11.50From: 2021-07-30Exp: 2026-06-30→ Common Stock (30,000 underlying)
Footnotes (1)
- [F1]Reflects warrants of Ensysce Biosciences, Inc., formerly known as Leisure Acquisition Corp. (the "Issuer"), which were acquired from the Issuer at a price of $1.00 per warrant in a private placement that closed simultaneously with the closing of the Issuer's initial public offering which were later exchanged for warrants having the same terms, except that they are non-transferable other than to permitted transferees. Pursuant to the terms of the issuance, such warrants were not eligible to become exercisable unless the Issuer consummated its initial business combination which occurred on June 30, 2021. Mr. Carrera served as the Issuer's Senior Vice President of Finance and Business Development until the closing of the business combination.