SEC Form 3 · accession 0000950103-17-006945
Cibus, Inc. · CBUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Feng Zhang
Officer — Chief Operations Officer
Period of report
Jul 20, 2017
Accepted (ET)
Jul 20, 2017 · 8:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001705843
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | holding | — | — | — | 29,400 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $3.71 | holding | — | — | — | — | Dec 3, 2024 | Common Stock | 36,750 | — | D |
| Stock Option (Right to Buy)F3 | $21.83 | holding | — | — | — | — | Sep 9, 2025 | Common Stock | 14,210 | — | D |
| Stock Option (Right to Buy)F4 | $3.59 | holding | — | — | — | — | Apr 7, 2026 | Common Stock | 171,500 | — | D |
| Stock Option (Right to Buy)F5 | $13.29 | holding | — | — | — | — | Jun 14, 2027 | Common Stock | 44,100 | — | D |
Explanation of responses
- F1The award of restricted stock units with respect to Calyxt, Inc. common stock was granted on June 14, 2017 and vests 15% on the first anniversary of the grant date and 15% on the second anniversary of the grant date, with the remainder vesting quarterly in equal installments over the following 42 months.
- F2The stock option to purchase shares of Calyxt, Inc. common stock ("Stock Option") was granted on December 3, 2014, and vests 20% on January 3, 2015 and 20% on April 10, 2015, with the remainder vesting quarterly in equal installments over the following three years (or with an additional 25% vesting immediately if Calyxt, Inc. undergoes a change in control, liquidation, dissolution or initial public offering and the remainder vesting quarterly thereafter).
- F3The Stock Option was granted on September 9, 2015 and vests 20% on the grant date and 20% on the first anniversary of the grant date, with the remainder vesting quarterly in equal installments over the following three years (or with an additional 25% vesting immediately if Calyxt, Inc. undergoes a change in control, liquidation, dissolution or initial public offering and the remainder vesting quarterly thereafter).
- F4The Stock Option was granted on April 7, 2016 and vests 20% on the grant date and 10% on the first anniversary of the grant date, with the remainder vesting quarterly in equal installments over the following 42 months (or with an additional 25% vesting immediately if Calyxt, Inc. undergoes a change in control, liquidation, dissolution or initial public offering and the remainder vesting quarterly thereafter).
- F5The Stock Option was granted on June 14, 2017 and vests 15% on the first anniversary of the grant date and 15% on the second anniversary of the grant date, with the remainder vesting quarterly in equal installments over the following 42 months.