Brian F. Sullivan - Aug 20, 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.
Stock symbol
CELC
Transactions as of
Aug 20, 2024
Transactions value $
$0
Form type
4
Date filed
8/22/2024, 04:27 PM
Previous filing
Apr 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CELC Common Stock Gift $0 -189K -100% $0.00 0 Aug 20, 2024 By Spouse
transaction CELC Common Stock Gift $0 +189K +16.4% $0.00 1.34M Aug 20, 2024 Direct
holding CELC Common Stock 908K Aug 20, 2024 By Family Trust #1 F1
holding CELC Common Stock 766K Aug 20, 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 +250K $0.00 250K Aug 20, 2024 Common Stock 250K $17.04 Direct F11
transaction CELC Stock Option (performance) Award $0 +150K $0.00 150K Aug 20, 2024 Common Stock 150K $17.04 Direct F12
holding CELC Stock Option (right to buy) 21.5K Aug 20, 2024 Common Stock 21.5K $8.40 Direct F2
holding CELC Stock Option (right to buy) 8.22K Aug 20, 2024 Common Stock 8.22K $5.50 Direct F2
holding CELC Stock Option (right to buy) 3.77K Aug 20, 2024 Common Stock 3.77K $5.50 Direct F2
holding CELC Stock Option (right to buy) 14.7K Aug 20, 2024 Common Stock 14.7K $5.50 Direct F2
holding CELC Stock Option (right to buy) 50K Aug 20, 2024 Common Stock 50K $5.50 Direct F2
holding CELC Stock Option (right to buy) 4.99K Aug 20, 2024 Common Stock 4.99K $5.50 Direct F2
holding CELC Stock Option (right to buy) 20K Aug 20, 2024 Common Stock 20K $5.90 Direct F2
holding CELC Stock Option (right to buy) 17.3K Aug 20, 2024 Common Stock 17.3K $5.90 Direct F2
holding CELC Stock Option (right to buy) 11.1K Aug 20, 2024 Common Stock 11.1K $5.50 Direct F3
holding CELC Stock Option (right to buy) 12.9K Aug 20, 2024 Common Stock 12.9K $5.50 Direct F4
holding CELC Stock Option (right to buy) 11.9K Aug 20, 2024 Common Stock 11.9K $5.50 Direct F5
holding CELC Stock Option (right to buy) 13.5K Aug 20, 2024 Common Stock 13.5K $5.50 Direct F6
holding CELC Stock Option (right to buy) 17K Aug 20, 2024 Common Stock 17K $5.50 Direct F2
holding CELC Stock Option (right to buy) 20K Aug 20, 2024 Common Stock 20K $5.50 Direct F7
holding CELC Stock Option (right to buy) 6.57K Aug 20, 2024 Common Stock 6.57K $5.50 Direct F8
holding CELC Stock Option (right to buy) 250K Aug 20, 2024 Common Stock 250K $5.50 Direct F2
holding CELC Warrants (right to buy) 104K Aug 20, 2024 Common Stock 104K $8.05 Direct F2
holding CELC Stock Option (right to buy) 69.8K Aug 20, 2024 Common Stock 69.8K $11.55 Direct F2
holding CELC Stock Option (right to buy) 180K Aug 20, 2024 Common Stock 180K $9.89 Direct F9
holding CELC Stock Option (right to buy) 84K Aug 20, 2024 Common Stock 84K $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.