Michael Tardugno - Mar 4, 2022 Form 4 Insider Report for Celsion CORP (IMNN)

Role
Chairman, President and CEO, Director
Signature
/s/ Constantine J. Kardaras
Stock symbol
IMNN
Transactions as of
Mar 4, 2022
Transactions value $
$0
Form type
4
Date filed
3/7/2022, 05:06 PM
Next filing
Apr 12, 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 IMNN Option to Purchase Celsion Common Stock Award $0 +80K +60.12% $0.00 213K Mar 4, 2022 Celsion Corporation Common Stock 80K $4.60 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the per share fair value of the Common Stock based on the closing price of a share of Celsion Corporation Common Stock on the date of the grant.
F2 The Options vest as follows: 1/3 on the date of the grant, 1/3 on the one year anniversary of the date of the grant, and 1/3 on the second year anniversary of the date of the grant.