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Cellectar Biosciences, Inc. Director's Dealing 2019

Jan 18, 2019

35021_dirs_2019-01-18_944625d9-617f-4181-87d9-6eb9aca8b530.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cellectar Biosciences, Inc. (CLRB)
CIK: 0001279704
Period of Report: 2019-01-17

Reporting Person: CARUSO JAMES V (Director, President and CEO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-01-17 Stock option (right to buy) $1.99 A 75000 Acquired 2029-01-17 Common Stock (75000) Direct

Footnotes

F1: This option grant is a contingent grant subject to the following conditions: (i) approval by Cellectar's stockholders of an increase in shares available under the Amended and Restated 2015 Stock Incentive Plan at the Corporation's 2019 annual meeting of stockholders or other special meeting of stockholders called for such purpose; and (ii) to the extent stockholder approval is received, the grant shall vest over a period of three years from the grant date, with 1/3 vesting on the first anniversary of the grant date and the remainder vesting in 24 equal monthly installments over a 24 month period beginning on the first anniversary of the grant date.