Samuel Bates Martin - 30 May 2024 Form 4 Insider Report for Celldex Therapeutics, Inc. (CLDX)

Signature
/s/ Anthony S. Marucci, attorney-in-fact for Samuel Bates Martin
Issuer symbol
CLDX
Transactions as of
30 May 2024
Net transactions value
-$932,274
Form type
4
Filing time
03 Jun 2024, 16:05:49 UTC
Previous filing
04 Jan 2024
Next filing
17 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLDX Common Stock Options Exercise $259,500 +25,000 +71% $10.38 60,128 30 May 2024 Direct
transaction CLDX Common Stock Sale $1,191,774 -35,000 -58% $34.05 25,128 30 May 2024 Direct F1

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 CLDX Incentive Stock Option (Right to Buy) Options Exercise $0 -25,000 -24% $0.000000 80,600 30 May 2024 Common Stock 25,000 $10.38 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.69 to $34.55 per share, inclusive. The reporting person undertakes to provide to Celldex Therapeutics, Inc., any security holder of Celldex Therapeutics, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F2 25% vested on June 18, 2021 and the remainder vest quarterly (in equal amounts) over the subsequent 12 quarters.