Form 4 for CELC Celcuity Inc.
Accepted 2022-12-13 00:00:00 ET · period of report 2022-12-09 · accession 0001062993-22-023796 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-12-13 | 2022-12-09 | CELC | Sullivan Brian F. | CEO, Dir, 10% | P - Purchase | $5.75 | +260.9K | 3.02M | +9% | +$1.50M |
| D | 2022-12-13 | 2022-12-09 | CELC | Sullivan Brian F. | CEO, Dir, 10% | A - Grant | $0.00 | +104.3K | 104.3K | New | $0 |
| DM | 2022-12-13 | 2022-12-09 | CELC | Sullivan Brian F. | CEO, Dir, 10% | D - Sale to Iss | $0.00 | -271.3K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-12-09 | P | A | 260,869 | $5.75 | 3,016,643 | D | — | — | (F1) Acquired pursuant to a securities purchase agreement entered into with the Company on May 15, 2022. |
| 2 | Derivative | Warrants (right to buy) | 2022-12-09 | A | A | 104,340 | $0.00 | 104,340 | D | $8.05 · — to 2027-12-09 | 104,340 Common Stock | (F13) Acquired pursuant to a securities purchase agreement entered into with the Company on May 15, 2022. The issued warrants on the transaction date provide the right to purchase 104,340 shares of common stock at a price per share of $8.05 instead of 10,434 shares of Series A Preferred Stock at a price per share of $80.50 as noted in Note 11 above due the occurrence of a specified event provided in the securities purchase agreement. |
| 3 | Derivative | Warrants (right to buy) | 2022-12-09 | D | D | 10,434 | $0.00 | 0 | D | $80.50 · — to — | 10,434 Series A Preferred Stock | (F12) To comply with the technical reporting requirements under Section 16(a) of the Securities Exchange Act of 1934, the security was initially reported as the right to acquire warrants to purchase 10,434 shares of Series A Preferred Stock at a price per share of $80.50 pursuant to a securities purchase agreement entered into with the Company on May 15, 2022. The Series A Preferred Stock underlying such securities was convertible into 104,340 shares of common stock. The transactions contemplated by the securities purchase agreement closed on the reported Transaction Date. |
| 4 | Derivative | Common Stock (right to buy) | 2022-12-09 | D | D | 260,869 | $0.00 | 0 | D | $5.75 · — to — | 260,869 Common Stock | (F14) To comply with the technical reporting requirements under Section 16(a) of the Securities Exchange Act of 1934, the security was initially reported as the right to acquire shares of common stock pursuant to a securities purchase agreement entered into with the Company on May 15, 2022. The transactions contemplated by the securities purchase agreement closed on the reported Transaction Date. |