Peter Kies - Feb 26, 2022 Form 4 Insider Report for INOVIO PHARMACEUTICALS, INC. (INO)

Role
CFO
Signature
Peter Kies
Stock symbol
INO
Transactions as of
Feb 26, 2022
Transactions value $
-$40,427
Form type
4
Date filed
3/1/2022, 05:49 PM
Previous filing
Jun 11, 2021
Next filing
Mar 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INO Common Stock Options Exercise +22.5K +17.24% 153K Feb 26, 2022 Direct F1
transaction INO Common Stock Tax liability -$40.4K -12.6K -8.19% $3.22* 141K Feb 26, 2022 Direct F2
holding INO Common Stock 4.5K Feb 26, 2022 By Spouse

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
transaction INO Restricted Stock Unit Options Exercise $0 -22.5K -33.33% $0.00 45.1K Feb 26, 2022 Common Stock 22.5K Direct F1
transaction INO Common Stock Option Award $0 +193K $0.00 193K Feb 26, 2022 Common Stock 193K $3.22 Direct F3
transaction INO Restricted Stock Unit Award $0 +144K $0.00 144K Feb 26, 2022 Common Stock 144K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock. The vesting schedule for the 67,633 restricted stock units is as follows: 22,545 shares vested on February 26, 2022; 22,544 shares will vest on February 26, 2023; 22,544 shares will vest on February 26, 2024. Vested restricted stock units can be settled in shares of common stock, cash or a combination of both.
F2 The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the vesting and settlement of the restricted stock unit award reported in footnote (1) herein.
F3 The vesting schedule for the 192,800 options is as follows: 48,200 shares vested on February 26, 2022; 48,200 shares will vest on February 26, 2023; 48,200 shares will vest on February 26, 2024; 48,200 shares will vest on February 26, 2025.
F4 Each restricted stock unit represents a contingent right to receive one share of common stock. The vesting schedule for the 143,900 restricted stock units is as follows: 47,967 shares will vest on February 26, 2023; 47,967 shares will vest on February 26, 2024; 47,966 shares will vest on February 26, 2025. Vested restricted stock units can be settled in shares of common stock, cash or a combination of both.