Travis Frey - Mar 1, 2023 Form 4 Insider Report for Cibus, Inc. (CBUS)

Role: Chief Technology Officer
Signature: Suzette McNally, Attorney-in-Fact for Travis Frey
Stock symbol: CBUS
Transactions as of: Mar 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/2/2023, 08:14 PM
Previous filing: Jan 4, 2023
Next filing: Mar 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CBUS	Common Stock	Award	$0	+5.73K	+43.02%	$0.00	19.1K	May 31, 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Shares	Change %	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CBUS	Stock Option (Right-to-Buy)	Disposed to Issuer	-80K	-100%	0	Mar 1, 2023	Common Stock	80K	$4.55	Direct	F2
transaction	CBUS	Stock Option (Right-to-Buy)	Award	+80K		80K	Mar 1, 2023	Common Stock	80K	$4.55	Direct	F2
transaction	CBUS	Stock Option (Right-to-Buy)	Disposed to Issuer	-24K	-100%	0	Mar 1, 2023	Common Stock	24K	$8.05	Direct	F2
transaction	CBUS	Stock Option (Right-to-Buy)	Award	+24K		24K	Mar 1, 2023	Common Stock	24K	$8.05	Direct	F2
transaction	CBUS	Stock Option (Right-to-Buy)	Disposed to Issuer	-250K	-100%	0	Mar 1, 2023	Common Stock	250K	$1.27	Direct	F2
transaction	CBUS	Stock Option (Right-to-Buy)	Award	+250K		250K	Mar 1, 2023	Common Stock	250K	$1.27	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Travis Frey is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Shares were received for no consideration upon the satisfaction of performance criteria underlying the award of the performance share units. Shares reflect the one-for-ten reverse stock split effected on April 24, 2023 and the one-for-five reverse stock split effected on May 31, 2023.
F2	The reported transactions reflect a March 1, 2023 material modification of an outstanding stock option with a 90-day post-separation exercise period to extend the exercise period from 90 days to five years from the date of grant. Calyxt, Inc. effected a one-for-ten reverse stock split of its common stock effective on April 24, 2023 and a one-for-five reverse stock split effective on May 31, 2023. Amounts reported above are pre-split.

Content

Shares were received for no consideration upon the satisfaction of performance criteria underlying the award of the performance share units. Shares reflect the one-for-ten reverse stock split effected on April 24, 2023 and the one-for-five reverse stock split effected on May 31, 2023.

The reported transactions reflect a March 1, 2023 material modification of an outstanding stock option with a 90-day post-separation exercise period to extend the exercise period from 90 days to five years from the date of grant. Calyxt, Inc. effected a one-for-ten reverse stock split of its common stock effective on April 24, 2023 and a one-for-five reverse stock split effective on May 31, 2023. Amounts reported above are pre-split.