Richard E. Buller - Dec 19, 2022 Form 4 Insider Report for Celcuity Inc. (CELC)

Role
Director
Signature
/s/ Eric O. Madson as Attorney-in-Fact for Richard E. Buller pursuant to Power of Attorney previously filed.
Stock symbol
CELC
Transactions as of
Dec 19, 2022
Transactions value $
-$3,334
Form type
4
Date filed
12/21/2022, 03:15 PM
Previous filing
Oct 24, 2022
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CELC Common Stock Sale -$3.33K -300 -3.18% $11.11 9.15K Dec 19, 2022 Direct F1, F2, F3

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 CELC Stock Option (right to buy) 12.7K Dec 19, 2022 Common Stock 12.7K $5.10 Direct F4
holding CELC Stock Option (right to buy) 4.56K Dec 19, 2022 Common Stock 4.56K $5.50 Direct F4
holding CELC Stock Option (right to buy) 2.31K Dec 19, 2022 Common Stock 2.31K $5.50 Direct F4
holding CELC Stock Option (right to buy) 19.6K Dec 19, 2022 Common Stock 19.6K $5.50 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 20, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.09 to $11.235, inclusive. The reporting person undertakes to provide Celcuity Inc., any security holder of Celcuity Inc., or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Includes 3,273 shares of restricted stock for which risks of forfeiture lapse on April 30, 2023, or if earlier, the date of the Company's 2023 Annual Meeting of Stockholders.
F4 100% vested.
F5 This Option will vest and become exercisable on April 30, 2023, or if earlier, the date of the Company's 2023 Annual Meeting of Stockholders.