Adam Levin - 04 Feb 2022 Form 4 Insider Report for Ensysce Biosciences, Inc. (ENSC)

Role
Director
Signature
/s/ Adam Levin
Issuer symbol
ENSC
Transactions as of
04 Feb 2022
Net transactions value
$0
Form type
4
Filing time
04 Feb 2022, 14:21:09 UTC
Previous filing
02 Jul 2021
Next filing
27 Jun 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 +20,000 20,000 04 Feb 2022 Common Stock 20,000 $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. Levin was granted an option (the "Stock Option") to purchase 20,000 shares of common stock of Ensysce Biosciences, Inc. (the "Company"), par value $0.01 per share, with an exercise price of $3.13, under the that certain Ensysce Biosciences, Inc. Amended and Restated 2021 Omnibus Incentive Plan. The Stock Option is scheduled to vest on the date of the Company's annual stockholder meeting in 2022.