Garrett Gray - Jan 31, 2022 Form 4 Insider Report for Checkpoint Therapeutics, Inc. (CKPT)

Signature
/s/ Garrett Gray
Stock symbol
CKPT
Transactions as of
Jan 31, 2022
Transactions value $
-$92,954
Form type
4
Date filed
2/2/2022, 06:01 PM
Next filing
Mar 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CKPT COMMON STOCK (RESTRICTED) Award $0 +137K +28.41% $0.00 619K Jan 31, 2022 Direct F1, F2
transaction CKPT COMMON STOCK Sale -$93K -37.1K -5.99% $2.51 582K Feb 1, 2022 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of restricted stock vest as follows: one-fourth on January 31, 2023, one-fourth on January 31, 2024, one-fourth on January 31, 2025 and one-fourth on January 31, 2026
F2 Includes shares of restricted Common Stock, which vest over various time periods
F3 In connection with the vesting of 72,750 shares, these shares were sold by the Company's restricted stock administrator in order to satisfy Mr. Gray's tax withholding obligations. Mr. Gray 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.
F4 Represents the weighted average price of the shares sold in this transaction. The range of prices for such transaction was $2.50 to $2.55. The reporting person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.