James F. Oliviero III - Jun 26, 2024 Form 4 Insider Report for Checkpoint Therapeutics, Inc. (CKPT)

Signature
/s/ James F. Oliviero, III
Stock symbol
CKPT
Transactions as of
Jun 26, 2024
Transactions value $
-$50,451
Form type
4
Date filed
6/28/2024, 08:01 PM
Previous filing
Jun 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CKPT COMMON STOCK Sale -$50.5K -24.6K -1.23% $2.05 1.98M Jun 26, 2024 Direct F1, F2, F3
transaction CKPT COMMON STOCK Gift $0 -37.9K -1.92% $0.00 1.94M Jun 26, 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the vesting of 62,500 shares, these shares were sold by the Company's restricted stock administrator in order to satisfy Mr. Oliviero's tax withholding obligations. Mr. Oliviero 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.
F2 Represents the weighted average price of the shares sold in this transaction. The range of prices for such transaction was $2.05 to $2.0504. 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.
F3 Includes shares of restricted common stock, which vest over various time periods.
F4 On June 26, 2024, 37,890 shares of common stock were transferred into an irrevocable trust for the benefit of Mr. Oliviero's minor children. Mr. Oliviero is not a trustee of the trust and has no investment control over the securities held by the trust.