Michael H. Tardugno - 04 Mar 2022 Form 4 Insider Report for Celsion CORP (IMNN)

Role
Chairman, President and CEO, Director
Signature
/s/ Constantine J. Kardaras
Issuer symbol
IMNN
Transactions as of
04 Mar 2022
Net transactions value
$0
Form type
4
Filing time
07 Mar 2022, 17:06:19 UTC
Next filing
12 Apr 2022
SEC
View on sec.gov

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 +80,000 +60% $0.000000 213,068 04 Mar 2022 Celsion Corporation Common Stock 80,000 $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.