Constantine J. Kardaras - Jun 13, 2022 Form 4 Insider Report for Celsion CORP (IMNN)

Role
Chief Accounting Officer
Signature
/s/ Constantine J. Kardaras, CAO
Stock symbol
IMNN
Transactions as of
Jun 13, 2022
Transactions value $
$0
Form type
4
Date filed
6/15/2022, 04:55 PM
Previous filing
Mar 7, 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 +1.75K +42.86% $0.00 5.83K Jun 13, 2022 Celsion Corporation Common Stock 1.75K $1.93 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.