Form 4 for CBUS Cibus, Inc.
Accepted 2025-01-10 00:00:00 ET · period of report 2024-12-31 · accession 0001615594-25-000004 · 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 | 2025-01-10 | 2024-12-31 | CBUS | RIGGS RORY B | CEO, Dir, 10% | C - Cnv Deriv | — | 0 | 4.84M | New | — |
| D | 2025-01-10 | 2024-12-31 | CBUS | RIGGS RORY B | CEO, Dir, 10% | C - Cnv Deriv | — | -1.39M | 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 | Class B Common Stock | 2024-12-31 | C | D | 1,388,084 | — | 0 | D | — | — | (F1) Each share of Class B Common Stock of Cibus, Inc. is paired with a common unit of Cibus Global LLC, which collectively comprise an Up-C Unit. (F2) The Up-C Units are generally exchangeable for shares of the Issuer's Class A Common Stock on a 1-for-1 basis pursuant to an Exchange Agreement dated May 31, 2023 by and among the Issuer, Cibus Global LLC, and the holders of Up-C Units. |
| 2 | Common | Class A Common Stock | 2024-12-31 | C | A | 1,388,084 | — | 4,839,912 | D | — | — | (F3) Pursuant to the Exchange Agreement, the reporting person exchanged Up-C Units for the same number of shares of Class A Common Stock. (F2) The Up-C Units are generally exchangeable for shares of the Issuer's Class A Common Stock on a 1-for-1 basis pursuant to an Exchange Agreement dated May 31, 2023 by and among the Issuer, Cibus Global LLC, and the holders of Up-C Units. |
| 3 | Derivative | Cibus Common Unit | 2024-12-31 | C | D | 1,388,084 | — | 0 | D | — · — to — | 1,388,084 Class A Common Stock | (F3) Pursuant to the Exchange Agreement, the reporting person exchanged Up-C Units for the same number of shares of Class A Common Stock. (F5) Each Common Unit is part of an Up-C Unit, together with a share of Class B Common Stock, with each Up-C Unit exchangeable for shares of Class A Common Stock on a 1-for-1 basis pursuant to the terms of the Exchange Agreement. |