Daniel Zimmerman - Nov 19, 2021 Form 4 Insider Report for CEL SCI CORP (CVM)

Signature
Daniel Zimmerman
Stock symbol
CVM
Transactions as of
Nov 19, 2021
Transactions value $
$500
Form type
4
Date filed
11/29/2021, 08:29 AM
Previous filing
Oct 4, 2021
Next filing
Jan 3, 2022

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 CVM Options Award $500 +50K +7.11% $0.01* 753K Nov 19, 2021 Common Stock 50K $10.48 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each option entitles the holder to purchase one share of the Company's common stock at a price of $10.48 per share. The stock options vest 100% upon the approval of the first marketing application for any pharmaceutical based upon the Company's Multikine technology in any of the USA, Canada, UK, Germany, France, Italy, Spain, Japan, or Australia. None of the options will be exercisable before November 19, 2022.