Form 4 for CERS CERUS CORP
Accepted 2023-03-14 00:00:00 ET · period of report 2023-03-12 · accession 0001209191-23-018683 · 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 | 2023-03-14 | 2023-03-12 | CERS | Greenman William Mariner | Pres, CEO, Dir | M - OptEx | — | +172.2K | 2.68M | +7% | — |
| DM | 2023-03-14 | 2023-03-13 | CERS | Greenman William Mariner | Pres, CEO, Dir | S - Sale+OE | $2.80 | -60.5K | 2.62M | -2% | -$169.3K |
| DM | 2023-03-14 | 2023-03-12 | CERS | Greenman William Mariner | Pres, CEO, Dir | M - OptEx | — | -172.2K | 0 | -100% | — |
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 | 2023-03-12 | M | A | 107,525 | — | 2,654,159 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one (1) share of Cerus Common Stock. |
| 2 | Common | Common Stock | 2023-03-13 | S | D | 22,732 | $2.80 | 2,658,346 | D | — | — | (F2) Represents the number of shares required to be sold to cover the statutory tax withholding obligations and corresponding brokerage fee in connection with the vesting of the restricted stock units listed in Table II. This sale is mandated by the election to satisfy the minimum statutory tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary sale by the reporting person. (F3) The reported price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.74 to $3.03 per share, inclusive. 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 | 2023-03-12 | M | A | 64,667 | — | 2,681,078 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one (1) share of Cerus Common Stock. |
| 4 | Common | Common Stock | 2023-03-13 | S | D | 37,748 | $2.80 | 2,616,411 | D | — | — | (F2) Represents the number of shares required to be sold to cover the statutory tax withholding obligations and corresponding brokerage fee in connection with the vesting of the restricted stock units listed in Table II. This sale is mandated by the election to satisfy the minimum statutory tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary sale by the reporting person. (F3) The reported price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.74 to $3.03 per share, inclusive. 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. |
| 5 | Derivative | Restricted Stock Unit | 2023-03-12 | M | D | 64,667 | — | 64,666 | D | — · — to — | 64,667 Common Stock | (F5) Not applicable. (F1) Each restricted stock unit represents a contingent right to receive one (1) share of Cerus Common Stock. (F6) The restricted stock unit vests in three equal annual installments beginning on March 12, 2022. |
| 6 | Derivative | Restricted Stock Unit | 2023-03-12 | M | D | 107,525 | — | 0 | D | — · — to — | 107,525 Common Stock | (F5) Not applicable. (F1) Each restricted stock unit represents a contingent right to receive one (1) share of Cerus Common Stock. (F4) The restricted stock unit vests 33% on March 12, 2021, 33% on March 12, 2022 and 34% on March 12, 2023. |