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

Role: Senior Vice President
Signature: John Cipriano
Stock symbol: CVM
Transactions as of: Nov 19, 2021
Transactions value $: $500
Form type: 4
Date filed: 11/29/2021, 08:33 AM
Previous filing: May 17, 2021
Next filing: Jun 14, 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	+6.77%	$0.01^*	789K	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.

Content

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.