Osman Nilab - Apr 18, 2022 Form 3 Insider Report for Ensysce Biosciences, Inc. (ENSC)

Signature
/s/Osman Nilab
Stock symbol
ENSC
Transactions as of
Apr 18, 2022
Transactions value $
$0
Form type
3
Date filed
5/4/2022, 10:20 AM

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 ENSC Stock Option Apr 18, 2022 Common Stock 200K $1.07 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 18, 2022, Dr. Osman appointed Chief Medical Officer of Ensysce Biosciences, Inc. In connection with her employment, on April 18, 2022, Dr. Osman was granted an option (the "Stock Option") to purchase 200,000 shares of common stock of Ensysce Biosciences, Inc., par value $0.0001 per share, with an exercise price of $1.07. Twenty-five percent of the Stock Option is scheduled to vest on April 18, 2023, with the remaining shares vesting in equal monthly installments over the thirty-six months thereafter.