Vicky Hahne - 17 May 2022 Form 4 Insider Report for Celcuity Inc. (CELC)

Role
Chief Financial Officer
Signature
/s/ Eric O. Madson as Attorney-in-Fact for Vicky Hahne pursuant to Power of Attorney previously filed.
Issuer symbol
CELC
Transactions as of
17 May 2022
Net transactions value
$0
Form type
4
Filing time
19 May 2022, 20:39:10 UTC
Previous filing
29 Oct 2021
Next filing
21 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CELC Common Stock 12,903 17 May 2022 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 CELC Stock Option (right to buy) Disposed to Issuer -3,000 -100% 0 17 May 2022 Common Stock 3,000 $23.48 Direct F3, F14
transaction CELC Stock Option (right to buy) Award +3,000 3,000 17 May 2022 Common Stock 3,000 $5.50 Direct F3, F14
transaction CELC Stock Option (right to buy) Disposed to Issuer -932 -100% 0 17 May 2022 Common Stock 932 $25.77 Direct F4, F14
transaction CELC Stock Option (right to buy) Award +932 932 17 May 2022 Common Stock 932 $5.50 Direct F4, F14
transaction CELC Stock Option (right to buy) Disposed to Issuer -3,000 -100% 0 17 May 2022 Common Stock 3,000 $19.72 Direct F5, F14
transaction CELC Stock Option (right to buy) Award +3,000 3,000 17 May 2022 Common Stock 3,000 $5.50 Direct F5, F14
transaction CELC Stock Option (right to buy) Disposed to Issuer -1,122 -100% 0 17 May 2022 Common Stock 1,122 $10.35 Direct F7, F14
transaction CELC Stock Option (right to buy) Award +1,122 1,122 17 May 2022 Common Stock 1,122 $5.50 Direct F7, F14
transaction CELC Stock Option (right to buy) Disposed to Issuer -1,301 -100% 0 17 May 2022 Common Stock 1,301 $14.84 Direct F8, F14
transaction CELC Stock Option (right to buy) Award +1,301 1,301 17 May 2022 Common Stock 1,301 $5.50 Direct F8, F14
transaction CELC Stock Option (right to buy) Disposed to Issuer -1,204 -100% 0 17 May 2022 Common Stock 1,204 $15.92 Direct F9, F14
transaction CELC Stock Option (right to buy) Award +1,204 1,204 17 May 2022 Common Stock 1,204 $5.50 Direct F9, F14
transaction CELC Stock Option (right to buy) Disposed to Issuer -3,806 -100% 0 17 May 2022 Common Stock 3,806 $27.94 Direct F10, F14
transaction CELC Stock Option (right to buy) Award +3,806 3,806 17 May 2022 Common Stock 3,806 $5.50 Direct F10, F14
transaction CELC Stock Option (right to buy) Disposed to Issuer -15,000 -100% 0 17 May 2022 Common Stock 15,000 $20.04 Direct F11, F14
transaction CELC Stock Option (right to buy) Award +15,000 15,000 17 May 2022 Common Stock 15,000 $5.50 Direct F11, F14
transaction CELC Stock Option (right to buy) Disposed to Issuer -821 -100% 0 17 May 2022 Common Stock 821 $17.19 Direct F12, F14
transaction CELC Stock Option (right to buy) Award +821 821 17 May 2022 Common Stock 821 $5.50 Direct F12, F14
transaction CELC Stock Option (Right to Buy) Award $0 +31,930 $0.000000 31,930 17 May 2022 Common Stock 31,930 $5.50 Direct F13
holding CELC Stock Option (right to buy) 37,500 17 May 2022 Common Stock 37,500 $8.40 Direct F2
holding CELC Stock Option (right to buy) 10,000 17 May 2022 Common Stock 10,000 $5.90 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,972 shares acquired on October 29, 2021 and 2,000 shares acquired on April 30, 2022 pursuant to the Issuer's Employee Stock Purchase Plan.
F2 Fully vested.
F3 750 shares vest on 7/5/19; the remaining 2,250 shares vest 1/36th per month thereafter.
F4 233 shares vest on 10/17/19; the remaining 699 shares vest 1/36th per month thereafter.
F5 750 shares vest on 8/12/20; the remaining 2,250 shares vest 1/36th per month thereafter.
F6 2,500 shares vest on 8/12/21; the remaining 7,500 shares vest 1/36th per month thereafter.
F7 280 shares vest on 12/29/21; the remaining 842 shares vest 1/36th per month thereafter.
F8 325 shares vest on 2/2/22; the remaining 976 shares vest 1/36th per month thereafter.
F9 301 shares vest on 3/18/22; the remaining 903 shares vest 1/36th per month thereafter.
F10 952 shares vest on 4/12/22; the remaining 2,854 shares vest 1/36th per month thereafter.
F11 3,750 shares vest on 8/11/22; the remaining 11,250 shares vest 1/36th per month thereafter.
F12 205 shares vest on 10/27/22; the remaining 616 shares vest 1/36th per month thereafter.
F13 These shares vest in equal amounts over fourteen (14) months, beginning June 1, 2022.
F14 The transactions reported herein reflect a one-time stock option repricing (the "Option Repricing") effective on May 17, 2022 and are being reported in this manner solely to comply with the technical reporting requirements under Section 16(a) of the Securities Exchange Act of 1934. Pursuant to the Option Repricing, the exercise price of the Stock Option has been amended to reduce such exercise price to $5.50 per share, the closing price of the issuer's common stock on The Nasdaq Capital Market as of the date of such repricing. There have been no other changes to the terms of the Stock Option.