Brian Achenbach - 08 Dec 2021 Form 4 Insider Report for MUSTANG BIO, INC. (MBIO)

Role
SVP, Fin. & Corp. Controller
Signature
/s/ Brian Achenbach
Issuer symbol
MBIO
Transactions as of
08 Dec 2021
Net transactions value
-$8,004
Form type
4
Filing time
16 Dec 2021, 15:30:56 UTC
Previous filing
21 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBIO COMMON STOCK Award $0 +22,500 +18% $0.000000 149,103 08 Dec 2021 Direct F1, F4
transaction MBIO COMMON STOCK Sale $8,004 -4,374 -2.9% $1.83 144,729 14 Dec 2021 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive one share of Common Stock of Mustang Bio, Inc. The restricted stock units will vest at different times over a period of 4 years.
F2 4,374 shares were sold in connection with the vesting of 13,750 shares on December 4, 2021, these shares were sold by the Company's restricted stock administrator in order to satisfy Mr. Achenbach's tax withholding obligations. Mr. Achenbach had no discretion with respect to such sale, which was transacted automatically in accordance with the Company's corporate policies regarding the vesting of restricted stock.
F3 Represents the weighted average sales price.
F4 Includes restricted share units, which vest over various time periods.