Peter Beetham - 31 Dec 2024 Form 4 Insider Report for Cibus, Inc. (CBUS)

Role
President and CEO, Director
Signature
Jason Stokes, Attorney-in-Fact for Peter Beetham
Issuer symbol
CBUS
Transactions as of
31 Dec 2024
Net transactions value
$0
Form type
4
Filing time
10 Jan 2025, 09:33:40 UTC
Previous filing
02 Jun 2023
Next filing
27 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBUS Class B Common Stock Conversion of derivative security -3,503 -100% 0 31 Dec 2024 Direct F1, F2
transaction CBUS Class A Common Stock Conversion of derivative security +3,503 +0.92% 382,437 31 Dec 2024 Direct F2, F3

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 Cibus Common Unit Conversion of derivative security -3,503 -100% 0 31 Dec 2024 Class A Common Stock 3,503 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Class B Common Stock of Cibus, Inc. is paired with a common unit of Cibus Global LLC, which collectively comprise an Up-C Unit.
F2 The Up-C Units are generally exchangeable for shares of the Issuer's Class A Common Stock on a 1-for-1 basis pursuant to an Exchange Agreement dated May 31, 2023 by and among the Issuer, Cibus Global LLC, and the holders of Up-C Units.
F3 Pursuant to the Exchange Agreement, the reporting person exchanged Up-C Units for the same number of shares of Class A Common Stock.
F4 Each Common Unit is part of an Up-C Unit, together with a share of Class B Common Stock, with each Up-C Unit exchangeable for shares of Class A Common Stock on a 1-for-1 basis pursuant to the terms of the Exchange Agreement.