Travis Frey - 01 Mar 2023 Form 4 Insider Report for Cibus, Inc. (CBUS)

Reporting relationship: Chief Technology Officer
Issuer ticker: CBUS
Reported as of: 01 Mar 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Jun 2023, 20:14:13 UTC
Prior SEC filing: 04 Jan 2023
Next SEC filing: 08 Mar 2023
Source filing: View source filing
Reporting owner signature: Suzette McNally, Attorney-in-Fact for Travis Frey

Key filing fact

Travis Frey filed Form 4 for Cibus, Inc. (CBUS) on 02 Jun 2023.

Key facts

This page summarizes Travis Frey's Form 4 filing for Cibus, Inc. (CBUS).
7 reported transactions and 6 derivative rows are listed below.
Accepted by SEC: 02 Jun 2023, 20:14.

Change

Previous filing in this sequence was filed on 04 Jan 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CBUS transaction

Common Stock

Award

Transaction value: $0
Shares: +5,733
Change %: +43%
Price: $0.000000
Shares after: 19,060
Date: 31 May 2023
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CBUS transaction Derivative

Stock Option (Right-to-Buy)

Disposed to Issuer

Transaction value
Shares: -80,000
Change %: -100%
Price
Shares after: 0
Date: 01 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 80,000
Exercise price: $4.55
Footnotes: F2

CBUS transaction Derivative

Stock Option (Right-to-Buy)

Award

Transaction value
Shares: +80,000
Change %
Price
Shares after: 80,000
Date: 01 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 80,000
Exercise price: $4.55
Footnotes: F2

CBUS transaction Derivative

Stock Option (Right-to-Buy)

Disposed to Issuer

Transaction value
Shares: -24,000
Change %: -100%
Price
Shares after: 0
Date: 01 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 24,000
Exercise price: $8.05
Footnotes: F2

CBUS transaction Derivative

Stock Option (Right-to-Buy)

Award

Transaction value
Shares: +24,000
Change %
Price
Shares after: 24,000
Date: 01 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 24,000
Exercise price: $8.05
Footnotes: F2

CBUS transaction Derivative

Stock Option (Right-to-Buy)

Disposed to Issuer

Transaction value
Shares: -250,000
Change %: -100%
Price
Shares after: 0
Date: 01 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 250,000
Exercise price: $1.27
Footnotes: F2

CBUS transaction Derivative

Stock Option (Right-to-Buy)

Award

Transaction value
Shares: +250,000
Change %
Price
Shares after: 250,000
Date: 01 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 250,000
Exercise price: $1.27
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Travis Frey is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote 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.

Footnote 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.