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Cibus, Inc. — Director's Dealing 2019
Jul 2, 2019
34396_dirs_2019-07-02_c1a1010e-b80f-41bb-93f9-911866890d56.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Calyxt, Inc. (CLXT)
CIK: 0001705843
Period of Report: 2019-06-28
Reporting Person: Frimerman Debra H (General Counsel)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-06-28 | Performance Stock Units | $ | A | 60000 | Acquired | 2022-06-28 | Common Stock (60000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 0 | Direct |
Footnotes
F1: Each performance stock unit (PSU) represents a contingent right to receive one share of Calyxt common stock. The PSU will vest as to 50%, 100% or 120% of the shares at the end of a three year performance period based upon the increases in Calyxt common stock from the starting price of $12.48 (and on a linear basis between vesting percentages) and if vested, will be issued as restricted stock with restrictions lapsing on the two year anniversary of the date of issuance.
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