Steven J. O'Day - 02 Feb 2022 Form 4 Insider Report for AGENUS INC (AGEN)

Signature
/s/ Steven J. O'Day
Issuer symbol
AGEN
Transactions as of
02 Feb 2022
Net transactions value
+$255,222
Form type
4
Filing time
04 Feb 2022, 16:50:28 UTC
Previous filing
06 Jan 2022
Next filing
09 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGEN Common Stock Award $255,222 +101,682 +166% $2.51 163,003 02 Feb 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the executive's 2021 performance bonus award paid in Agenus Stock. The stock issued is fully-vested on the date of issuance but is subject to a 6-month lockup restriction with 25% of the award released on the 3-month anniversary of the issuance date and 75% of the award released on the 6-month anniversary.
F2 $2.51 was the fair market value of our Common Stock on February 2, 2022, the stock issuance date.