Antonio Migliarese - 03 Jan 2024 Form 4 Insider Report for CytoDyn Inc. (CYDY)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
05 Jan 2024, 21:04:57 UTC
Prior SEC filing
30 Nov 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Antonio Migliarese

Key filing fact

Antonio Migliarese filed Form 4 for CytoDyn Inc. (CYDY) on 05 Jan 2024.

Key facts

  • This page summarizes Antonio Migliarese's Form 4 filing for CytoDyn Inc. (CYDY).
  • 12 reported transactions and 12 derivative rows are listed below.
  • Accepted by SEC: 05 Jan 2024, 21:04.

Change

  • Previous filing in this sequence was filed on 30 Nov 2022.
  • 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.

CYDY transaction Derivative

Non-qualified stock option (right to buy)

Disposed to Issuer

Transaction value
Shares
-50,000
Change %
-100%
Price
Shares after
0
Date
03 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
50,000
Exercise price
$1.03
Footnotes
F1, F2
CYDY transaction Derivative

Non-qualified stock option (right to buy)

Disposed to Issuer

Transaction value
Shares
-50,000
Change %
-100%
Price
Shares after
0
Date
03 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
50,000
Exercise price
$1.10
Footnotes
F1, F2
CYDY transaction Derivative

Non-qualified stock option (right to buy)

Disposed to Issuer

Transaction value
Shares
-100,000
Change %
-100%
Price
Shares after
0
Date
03 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
100,000
Exercise price
$5.57
Footnotes
F1, F2
CYDY transaction Derivative

Non-qualified stock option (right to buy)

Disposed to Issuer

Transaction value
Shares
-50,000
Change %
-100%
Price
Shares after
0
Date
03 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
50,000
Exercise price
$5.54
Footnotes
F2, F3
CYDY transaction Derivative

Non-qualified stock option (right to buy)

Disposed to Issuer

Transaction value
Shares
-1,000,000
Change %
-100%
Price
Shares after
0
Date
03 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,000,000
Exercise price
$1.32
Footnotes
F2, F4
CYDY transaction Derivative

Non-qualified stock option (right to buy)

Disposed to Issuer

Transaction value
Shares
-630,222
Change %
-100%
Price
Shares after
0
Date
03 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
630,222
Exercise price
$0.5800
Footnotes
F2, F5
CYDY transaction Derivative

Non-qualified stock option (right to buy)

Award

Transaction value
Shares
+50,000
Change %
Price
Shares after
50,000
Date
03 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
50,000
Exercise price
$0.2100
Footnotes
F2
CYDY transaction Derivative

Non-qualified stock option (right to buy)

Award

Transaction value
Shares
+50,000
Change %
Price
Shares after
50,000
Date
03 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
50,000
Exercise price
$0.2100
Footnotes
F2
CYDY transaction Derivative

Non-qualified stock option (right to buy)

Award

Transaction value
Shares
+100,000
Change %
Price
Shares after
100,000
Date
03 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
100,000
Exercise price
$0.2100
Footnotes
F2
CYDY transaction Derivative

Non-qualified stock option (right to buy)

Award

Transaction value
Shares
+50,000
Change %
Price
Shares after
50,000
Date
03 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
50,000
Exercise price
$0.2100
Footnotes
F2, F6
CYDY transaction Derivative

Non-qualified stock option (right to buy)

Award

Transaction value
Shares
+1,000,000
Change %
Price
Shares after
1,000,000
Date
03 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,000,000
Exercise price
$0.2100
Footnotes
F2, F7
CYDY transaction Derivative

Non-qualified stock option (right to buy)

Award

Transaction value
Shares
+630,222
Change %
Price
Shares after
630,222
Date
03 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
630,222
Exercise price
$0.2100
Footnotes
F2, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

The option was fully vested and exercisable prior to January 3, 2024.

Footnote F2

The outstanding option was cancelled in exchange for a new option having a lower exercise price.

Footnote F3

Vesting was scheduled to occur in three equal annual installments beginning on February 17, 2022.

Footnote F4

Vesting was scheduled to occur in three equal annual installments beginning on August 6, 2022.

Footnote F5

25% of the award vested on January 24, 2023, with the balance scheduled to vest in 36 equal monthly installments, subject to Continuous Service (as the term is defined in the Issuer's 2012 Equity Incentive Plan, as amended) through the applicable vesting date.

Footnote F6

33,300 shares were fully vested and exercisable on January 3, 2024; the balance is scheduled to vest on February 17, 2024.

Footnote F7

666,000 shares were fully vested and exercisable on January 3, 2024; the balance is scheduled to vest on August 6, 2024.

Footnote F8

301,975 shares were fully vested and exercisable on January 3, 2024; the balance will vest in equal monthly installments at the conclusion of each month of Continuous Service beginning at the end of January 2024 through January 2026.

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