Cibus, Inc. — Director's Dealing 2018

Jun 22, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Calyxt, Inc. (CLXT)
CIK: 0001705843
Period of Report: 2018-06-20

Reporting Person: Arbadji Michel (Director of Business Developme)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-06-20	Common Stock	M	6500	$3.5878	Acquired	31490	Direct
2018-06-20	Common Stock	S	6500	$22.00	Disposed	24990	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-06-20	Stock Option (Right to Buy)	$3.5878	M	6500	Disposed	2026-04-07	Common Stock (6500)	Direct

Footnotes

F1: Includes 24,990 restricted stock units with respect to Calyxt, Inc. common stock, which were granted on June 14, 2017 and remain unvested; 4,410 will vest on the second anniversary of the grant date, with the remainder vesting quarterly in equal installments over the following 42 months.

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2017.

F3: The Stock Option was granted on April 7, 2016 and vests 20% on the grant date and 10% on the first anniversary of the grant date, with the remainder vesting quarterly in equal installments over the following 42 months (or with an additional 25% vesting immediately if Calyxt, Inc. undergoes a change in control, liquidation, dissolution or initial public offering and the remainder vesting quarterly thereafter).