Richard Chester Wright - 30 Jun 2021 Form 4 Insider Report for Ensysce Biosciences, Inc. (ENSC)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
02 Jul 2021, 18:08:38 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Richard Wright

Key filing fact

Richard Chester Wright filed Form 4 for Ensysce Biosciences, Inc. (ENSC) on 02 Jul 2021.

Key facts

  • This page summarizes Richard Chester Wright's Form 4 filing for Ensysce Biosciences, Inc. (ENSC).
  • 5 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 02 Jul 2021, 18:08.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • 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 derivative securities

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

ENSC transaction Derivative

Stock Option

Award

Transaction value
Shares
+49,975
Change %
Price
Shares after
49,975
Date
30 Jun 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
49,975
Exercise price
$3.21
Footnotes
F1
ENSC transaction Derivative

Stock Option

Award

Transaction value
Shares
+65,850
Change %
Price
Shares after
65,850
Date
30 Jun 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
65,850
Exercise price
$1.83
Footnotes
F1
ENSC transaction Derivative

Stock Option

Award

Transaction value
Shares
+263,400
Change %
Price
Shares after
263,400
Date
30 Jun 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
263,400
Exercise price
$1.83
Footnotes
F1
ENSC transaction Derivative

Stock Option

Award

Transaction value
Shares
+19,755
Change %
Price
Shares after
19,755
Date
30 Jun 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
19,755
Exercise price
$2.59
Footnotes
F1
ENSC transaction Derivative

Stock Option

Award

Transaction value
Shares
+987,750
Change %
Price
Shares after
987,750
Date
30 Jun 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
987,750
Exercise price
$2.59
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

On June 30, 2021, pursuant to that certain Agreement and Plan of Merger dated January 31, 2021 (the "Merger Agreement") among Ensysce Biosciences, Inc. (f/k/a Leisure Acquisition Corp.) (the "Issuer"), EB Merger Sub, Inc., a Delaware corporation and wholly-owned, direct subsidiary of the Issuer ("Merger Sub"), and Ensysce Biosciences, Inc., a Delaware corporation ("Ensysce"), Merger Sub merged with and into Ensysce (the "Merger"), with Ensysce surviving as a wholly owned subsidiary of the Issuer. Pursuant to the Merger Agreement, each option and warrant of Ensysce that was outstanding and unexercised immediately prior to the Effective Time was assumed by the Issuer (each, a "Derivative Security") and represents the right to acquire an adjusted number of shares of Common Stock at an adjusted exercise price, in each case, pursuant to the terms of the Merger Agreement.

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