Form 4 for CERS CERUS CORP
Accepted 2022-03-01 00:00:00 ET · period of report 2022-02-25 · accession 0001209191-22-014447 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-03-01 | 2022-02-25 | CERS | Greenman William Mariner | Pres, CEO, Dir | S - Sale+OE | $5.70 | -308.3K | 1.69M | -15% | -$1.76M |
| D | 2022-03-01 | 2022-03-01 | CERS | Greenman William Mariner | Pres, CEO, Dir | A - Grant | $0.00 | +217.5K | 1.81M | +14% | $0 |
| D | 2022-03-01 | 2022-02-25 | CERS | Greenman William Mariner | Pres, CEO, Dir | M - OptEx | $3.75 | +380.0K | 1.90M | +25% | +$1.43M |
| D | 2022-03-01 | 2022-02-25 | CERS | Greenman William Mariner | Pres, CEO, Dir | M - OptEx | — | -380.0K | 0 | -100% | — |
| D | 2022-03-01 | 2022-03-01 | CERS | Greenman William Mariner | Pres, CEO, Dir | A - Grant | — | +435.0K | 435.0K | New | — |
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 | 2022-02-25 | S | D | 93,000 | $5.73 | 1,594,018 | D | — | — | (F2) Represents shares sold to cover the exercise price, the statutory tax withholding obligations and corresponding brokerage fee in connection with the exercise of the option listed in Table II prior to expiration. (F4) The reported price in column 4 is a weighted average price ranging from $5.665 to $5.79 per share. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the aforementioned range set forth. |
| 2 | Common | Common Stock | 2022-02-25 | S | D | 215,263 | $5.69 | 1,687,018 | D | — | — | (F2) Represents shares sold to cover the exercise price, the statutory tax withholding obligations and corresponding brokerage fee in connection with the exercise of the option listed in Table II prior to expiration. (F3) The reported price in column 4 is a weighted average price ranging from $5.56 to $5.77 per share. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the aforementioned range set forth. |
| 3 | Common | Common Stock | 2022-03-01 | A | A | 217,500 | $0.00 | 1,811,518 | D | — | — | (F5) Represents the number of shares underlying RSUs. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The RSUs vests in three equal annual installments beginning on March 12, 2023, subject to the Reporting Person's continuous service to the Issuer through such vesting date. |
| 4 | Common | Common Stock | 2022-02-25 | M | A | 380,000 | $3.75 | 1,902,281 | D | — | — | (F1) Includes 1,445 and 2,164 shares purchased under Issuer's Employee Stock Purchase Plan on 08/31/21 and 02/28/22. |
| 5 | Derivative | Option (Right to Buy) | 2022-02-25 | M | D | 380,000 | — | 0 | D | $3.75 · — to 2022-02-28 | 380,000 Common Stock | (F7) Not applicable. (F6) One eighth (1/8) of the shares subject to the Option shall vest six (6) months after the transaction date and one forty-eighth (1/48th) of the shares subject to the Option shall vest monthly thereafter. |
| 6 | Derivative | Option (Right to Buy) | 2022-03-01 | A | A | 435,000 | — | 435,000 | D | $5.76 · — to 2032-02-28 | 435,000 Common Stock | (F7) Not applicable. (F8) One forth (1/4) of the shares subject to the Option shall vest on the first anniversary of the grant date, and one forty-eighth (1/48th) of the shares subject to the Option vest monthly thereafter. |