Beetham Peter 4
4 · Cibus, Inc. · Filed Jan 10, 2025
Insider Transaction Report
Form 4
Cibus, Inc.CBUS
Beetham Peter
DirectorPresident and COO
Transactions
- Conversion
Class A Common Stock
2024-12-31+3,503→ 382,437 total - Conversion
Cibus Common Unit
2024-12-31−3,503→ 0 total→ Class A Common Stock (3,503 underlying) - Conversion
Class B Common Stock
2024-12-31−3,503→ 0 total
Footnotes (4)
- [F1]Each share of Class B Common Stock of Cibus, Inc. is paired with a common unit of Cibus Global LLC, which collectively comprise an Up-C Unit.
- [F2]The Up-C Units are generally exchangeable for shares of the Issuer's Class A Common Stock on a 1-for-1 basis pursuant to an Exchange Agreement dated May 31, 2023 by and among the Issuer, Cibus Global LLC, and the holders of Up-C Units.
- [F3]Pursuant to the Exchange Agreement, the reporting person exchanged Up-C Units for the same number of shares of Class A Common Stock.
- [F4]Each Common Unit is part of an Up-C Unit, together with a share of Class B Common Stock, with each Up-C Unit exchangeable for shares of Class A Common Stock on a 1-for-1 basis pursuant to the terms of the Exchange Agreement.