David Dalvey - 12 Dec 2023 Form 4 Insider Report for Celcuity Inc. (CELC)

Role
Director
Signature
/s/ Eric O. Madson as Attorney-in-Fact for David F. Dalvey pursuant to Power of Attorney previously filed.
Issuer symbol
CELC
Transactions as of
12 Dec 2023
Net transactions value
-$102,589
Form type
4
Filing time
14 Dec 2023, 18:05:32 UTC
Previous filing
11 Dec 2023
Next filing
18 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CELC Common Stock Sale $30,089 -2,060 -0.86% $14.61 237,940 12 Dec 2023 By Brightstone Venture Capital Fund, LP F1, F2
transaction CELC Common Stock Sale $72,500 -5,000 -2.1% $14.50 232,940 13 Dec 2023 By Brightstone Venture Capital Fund, LP F2
holding CELC Common Stock 9,325 12 Dec 2023 Direct

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) 8,200 12 Dec 2023 Common Stock 8,200 $5.50 Direct F3
holding CELC Stock Option (right to buy) 3,201 12 Dec 2023 Common Stock 3,201 $5.50 Direct F3
holding CELC Stock Option (right to buy) 5,054 12 Dec 2023 Common Stock 5,054 $5.50 Direct F3
holding CELC Stock Option (right to buy) 12,654 12 Dec 2023 Common Stock 12,654 $5.10 Direct F3
holding CELC Stock Option (right to buy) 2,310 12 Dec 2023 Common Stock 2,310 $5.50 Direct F3
holding CELC Stock Option (right to buy) 24,449 12 Dec 2023 Common Stock 24,449 $5.50 Direct F3
holding CELC Stock Option (right to buy) 11,645 12 Dec 2023 Common Stock 11,645 $9.58 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.60 to $14.66, 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.
F2 The Reporting Person is the General Partner of Brightstone Venture Capital Fund, LP.
F3 100% vested.
F4 This Option will vest and become exercisable on April 30, 2024, or if earlier, the date of the Company's 2024 Annual Meeting of Stockholders.