Michael A. Carr - Jul 27, 2021 Form 4 Insider Report for Calyxt, Inc. (CBUS)

Signature
Suzette McNally, Attorney-in-Fact for Michael A. Carr
Stock symbol
CBUS
Transactions as of
Jul 27, 2021
Transactions value $
$182,500
Form type
4
Date filed
7/28/2021, 05:18 PM
Next filing
Aug 31, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBUS Common Stock Award $183K +50K $3.65* 50K Jul 27, 2021 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 CBUS Stock Option (Right-to-Buy) Award $0 +200K $0.00 200K Jul 27, 2021 Common Stock 200K $3.65 Direct F2
transaction CBUS Performance Stock Units Award $0 +600K $0.00 600K Jul 27, 2021 Common Stock 600K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units vest as to one-third (1/3) on each of the first three anniversaries of the date of the grant.
F2 The Option vests as to one-third (1/3) on each of the first three anniversaries of the date of the grant.
F3 Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of Calyxt common stock. The PSUs vest upon Calyxt's common stock achieving specified prices per share for all of the trading days in any 30 consecutive calendar day period within a three year performance period.