| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AGEN | Common Stock | Award | $14.9K | +27.2K | +2.13% | $0.55 | 1.3M | Mar 22, 2024 | Direct | F1, F2 |
| holding | AGEN | Common Stock | 626K | Mar 22, 2024 | See Footnote | F3 | |||||
| holding | AGEN | Common Stock | 579K | Mar 22, 2024 | See Footnote | F4 |
| Id | Content |
|---|---|
| F1 | At his request and with the approval of the Agenus Inc. Compensation Committee, Garo H. Armen's salary is being paid in stock, in lieu of cash. The amount reported herein represents the net amount of Dr. Armen's salary for the pay period ending March 22, 2024. Such shares are issued in accordance with the Amended and Restated Agenus Inc. 2019 Equity Incentive Plan and are fully vested on the date of issuance. |
| F2 | $0.55 is the closing price of our Common Stock on March 22, 2024, the payroll date for the pay period ending March 22, 2024. |
| F3 | Shares are held in Dr. Armen's IRA accounts. |
| F4 | Dr. Armen is trustee and has investment authority for the Garo Armen 2020 2 Year AG GRAT holder of 479,000 shares of our Common Stock. Dr. Armen is a general partner in Pixie Partners, a General Partnership ("Pixie"), which as of the date of this report owns 100,000 shares of our Common Stock. Dr. Armen has a pecuniary interest in only a portion of the shares held by Pixie and disclaims beneficial ownership to the extent of his pecuniary interest therein. |
Chairman and Chief Executive Officer