SEC Form 3 · accession 0001127602-18-022326
Cibus, Inc. · CBUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Dutang
Officer — Chief Financial Officer
Period of report
Jun 21, 2018
Accepted (ET)
Jul 2, 2018 · 5:14 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 94,530 | 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 | $3.5878 | holding | — | — | — | — | Apr 7, 2026 | Common Stock | 39,425 | — | D |
| Stock Option (Right to Buy)F3 | $13.2939 | holding | — | — | — | — | Jun 14, 2027 | Common Stock | 147,000 | — | D |
Explanation of responses
- F1Includes 83,300 restricted stock units with respect to Calyxt, Inc. common stock, which were granted on June 14, 2017, and remain unvested; 14,700 shares will vest on the second anniversary of the grant date, with the remainder vesting quarterly in equal installments over the following 42 months.
- F2The stock option was granted on April 7, 2016. 20% vested on the grant date, 10% vested on the first anniversary of the grant date and an additional 25% vested on completion of the initial public offering by Calyxt, Inc. The remainder vests quarterly in equal 5% installments.
- F3The 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.