Terry L. Evans - 13 Nov 2024 Form 4 Insider Report for FENNEC PHARMACEUTICALS INC. (FENC)

Signature
/s/ Terry Evans
Issuer symbol
FENC
Transactions as of
13 Nov 2024
Net transactions value
+$634,500
Form type
4
Filing time
13 Nov 2024, 17:14:19 UTC
Previous filing
04 Nov 2024
Next filing
03 Apr 2025

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 FENC Stock Options Award $634,500 +150,000 $4.23 150,000 13 Nov 2024 Common Shares 150,000 $4.23 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 13, 2024,Terry Evans was granted incentive stock options to purchase 150,000 shares of the issuers common shares pursuant to the Issuer's 2020 Equity Incentive Plan.
F2 One-third of the shares subject to this option may be exercised as of November 13, 2025 ("Vesting Commencement Date"). One twenty-fourth of the shares subject to this option shall vest and may be exercised as of the last day of each month following the Vesting Commencement Date until all shares have vested.