SEC Form 4 · accession 0001127602-18-032714
Cibus, Inc. · CBUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel F Voytas
Officer — Chief Science Officer
Period of report
Nov 8, 2018
Accepted (ET)
Nov 13, 2018 · 8:59 am EST
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 | Nov 8, 2018 | M | 4,083 | $3.7143 | A | 97,065 | D | |
| Common StockF1 | Nov 8, 2018 | S | 4,083 | $13.00 | D | 92,982 | 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 | $3.7143 | Nov 8, 2018 | M | 4,083 | D | — | Dec 3, 2024 | Common Stock | 4,083 | 16,336 | D |
Explanation of responses
- F1Includes 85,443 restricted stock units with respect to Calyxt, Inc. common stock, which were granted on June 14, 2017 and remain unvested; 15,078 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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 27, 2017.
- F3The 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).