Brian F. Sullivan - 20 Aug 2024 Form 4 Insider Report for Celcuity Inc. (CELC)

Role
Chief Executive Officer, Director
Signature
/s/ Liz Dunshee as Attorney-in-Fact for Brian F. Sullivan pursuant to Power of Attorney previously filed.
Issuer symbol
CELC
Transactions as of
20 Aug 2024
Net transactions value
$0
Form type
4
Filing time
22 Aug 2024, 16:27:41 UTC
Previous filing
30 Apr 2024
Next filing
05 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CELC Common Stock Gift $0 -189,103 -100% $0.000000 0 20 Aug 2024 By Spouse
transaction CELC Common Stock Gift $0 +189,103 +16% $0.000000 1,342,374 20 Aug 2024 Direct
holding CELC Common Stock 908,372 20 Aug 2024 By Family Trust #1 F1
holding CELC Common Stock 765,897 20 Aug 2024 By Family Trust #2 F1

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 CELC Stock Option (right to buy) Award $0 +250,000 $0.000000 250,000 20 Aug 2024 Common Stock 250,000 $17.04 Direct F11
transaction CELC Stock Option (performance) Award $0 +150,000 $0.000000 150,000 20 Aug 2024 Common Stock 150,000 $17.04 Direct F12
holding CELC Stock Option (right to buy) 21,500 20 Aug 2024 Common Stock 21,500 $8.40 Direct F2
holding CELC Stock Option (right to buy) 8,220 20 Aug 2024 Common Stock 8,220 $5.50 Direct F2
holding CELC Stock Option (right to buy) 3,769 20 Aug 2024 Common Stock 3,769 $5.50 Direct F2
holding CELC Stock Option (right to buy) 14,675 20 Aug 2024 Common Stock 14,675 $5.50 Direct F2
holding CELC Stock Option (right to buy) 50,000 20 Aug 2024 Common Stock 50,000 $5.50 Direct F2
holding CELC Stock Option (right to buy) 4,985 20 Aug 2024 Common Stock 4,985 $5.50 Direct F2
holding CELC Stock Option (right to buy) 20,000 20 Aug 2024 Common Stock 20,000 $5.90 Direct F2
holding CELC Stock Option (right to buy) 17,281 20 Aug 2024 Common Stock 17,281 $5.90 Direct F2
holding CELC Stock Option (right to buy) 11,081 20 Aug 2024 Common Stock 11,081 $5.50 Direct F3
holding CELC Stock Option (right to buy) 12,859 20 Aug 2024 Common Stock 12,859 $5.50 Direct F4
holding CELC Stock Option (right to buy) 11,889 20 Aug 2024 Common Stock 11,889 $5.50 Direct F5
holding CELC Stock Option (right to buy) 13,509 20 Aug 2024 Common Stock 13,509 $5.50 Direct F6
holding CELC Stock Option (right to buy) 17,000 20 Aug 2024 Common Stock 17,000 $5.50 Direct F2
holding CELC Stock Option (right to buy) 20,000 20 Aug 2024 Common Stock 20,000 $5.50 Direct F7
holding CELC Stock Option (right to buy) 6,569 20 Aug 2024 Common Stock 6,569 $5.50 Direct F8
holding CELC Stock Option (right to buy) 250,000 20 Aug 2024 Common Stock 250,000 $5.50 Direct F2
holding CELC Warrants (right to buy) 104,340 20 Aug 2024 Common Stock 104,340 $8.05 Direct F2
holding CELC Stock Option (right to buy) 69,760 20 Aug 2024 Common Stock 69,760 $11.55 Direct F2
holding CELC Stock Option (right to buy) 180,000 20 Aug 2024 Common Stock 180,000 $9.89 Direct F9
holding CELC Stock Option (right to buy) 84,000 20 Aug 2024 Common Stock 84,000 $14.78 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person holds all voting and dispositive power with respect to the securities held by the trusts and is the beneficial owner of these securities.
F2 Fully vested.
F3 2,770 shares vest on 12/29/21; the remaining 8,311 shares vest 1/36th per month thereafter.
F4 3,214 shares vest on 2/2/22; the remaining 9,645 shares vest 1/36th per month thereafter.
F5 2,972 shares vest on 3/18/22; the remaining 8,917 shares vest 1/36th per month thereafter.
F6 3,377 shares vest on 4/12/22; the remaining 10,132 shares vest 1/36th per month thereafter.
F7 5,000 shares vest on 8/11/22; the remaining 15,000 shares vest 1/36th per month thereafter.
F8 1,642 shares vest on 10/27/22; the remaining 4,927 shares vest 1/36th per month thereafter.
F9 45,000 shares vest on 8/25/24; the remaining 135,000 shares vest 1/36th per month thereafter.
F10 21,000 shares vest on 8/25/24; the remaining 63,000 shares vest 1/36th per month thereafter.
F11 62,500 shares vest on 8/20/25; the remaining 187,500 shares vest 1/36th per month thereafter.
F12 Option vests in 1/4th increments upon Celcuity's common stock achieving certain stock price performance milestones.