David Carl Humphrey - Feb 4, 2022 Form 4 Insider Report for Ensysce Biosciences, Inc. (ENSC)

Signature
/s/ David Carl Humphrey
Stock symbol
ENSC
Transactions as of
Feb 4, 2022
Transactions value $
$0
Form type
4
Date filed
2/4/2022, 02:15 PM
Previous filing
Jul 2, 2021
Next filing
Feb 24, 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 ENSC Stock Option Award +275K 275K Feb 4, 2022 Common Stock 275K $3.13 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 4, 2022, Mr. Humphrey was granted an option (the "Stock Option") to purchase 275,000 shares of common stock of Ensysce Biosciences, Inc. (the "Company"), par value $0.01 per share, with an exercise price of $3.13. The Stock Option is scheduled to vest over four years with 1/4 vesting upon the one year anniversary of February 11, 2021 and the remainder in equal installments monthly for the thirty-six months thereafter.