SEC Form 4 · accession 0000950103-17-007203
Cibus, Inc. · CBUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philippe Dumont
Director
Period of report
Jun 14, 2017
Accepted (ET)
Jul 27, 2017 · 9:52 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 UnitF1 | Jun 14, 2017 | A | 19,600 | $0.00 | A | 19,600 | D | |
| Common StockF2 | Jul 25, 2017 | P | 400 | $8.00 | A | 20,000 | 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)F3 | $13.29 | Jun 14, 2017 | A | 29,400 | A | — | Jun 14, 2027 | Common Stock | 29,400 | 29,400 | D |
Explanation of responses
- F1Restricted stock units with respect to Calyxt, Inc. (the "Company") common stock vest 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.
- F2Represents purchase of shares in the Company's directed share program in connection with the Company's initial public offering.
- F3The stock option to purchase Company common stock 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.