John Canepa - Jul 26, 2021 Form 3 Insider Report for Candel Therapeutics, Inc. (CADL)

Role
Chief Financial Officer
Signature
/s/ John Canepa
Stock symbol
CADL
Transactions as of
Jul 26, 2021
Transactions value $
$0
Form type
3
Date filed
7/26/2021, 09:26 PM
Next filing
Aug 2, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CADL Stock Option (Right to Buy) Jul 26, 2021 Common Stock 323K $1.55 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option shall vest and become exercisable as follows: 35% shall vest on December 1, 2021; 35% shall vest in equal monthly installments between January 1, 2022 and December 1, 2022; 15% shall vest in equal monthly installments between January 1, 2023 and December 1, 2023; and the last 15% shall vest in equal monthly installments between January 1, 2024 and December 1, 2024.