SEC Form 4 · accession 0001437749-18-010157
Imunon, Inc. · IMNN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andreas Voss
Director
Period of report
May 15, 2018
Accepted (ET)
May 16, 2018 · 5:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000749647
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Celsion Corporation Common StockF2 | May 15, 2018 | J | 6,250 | $2.24 | A | 6,607 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Celsion Corporation Common StockF3,F4 | $2.22 | May 15, 2018 | A | 50,000 | A | May 15, 2018 | May 15, 2028 | Celsion Corporation Common Stock | 50,000 | 65,357 | D |
Explanation of responses
- F1The Director received his quarterly fees in restricted shares of Celsion Corporation Common Stock in lieu of cash.
- F2The number of shares issued to the director was calculated by dividing the quarterly fees by the closing stock price of $2.24 on March 31, 2018.
- F3Represents the closing stock price on the option grant date (February 12, 2018) which was subject to the approval of the Celsion Corporation 2018 Stock Incentive Plan at the Annual Meeting of Stockholders held on May 15, 2018.
- F4The options vest as follows: 1/2 on the date of grant; 1/4 on the one year anniversary of the date of grant; and 1/4 on the second year anniversary of the date of grant.
Remarks
On February 12, 2018, Celsion's Board of Directors approved a stock option award subject to the approval of the Celsion Corporation 2018 Stock Incentive Plan at the Annual Meeting of Stockholders held on May 15, 2018.