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Cibus, Inc. Director's Dealing 2025

Jan 10, 2025

34396_dirs_2025-01-10_6aea4ee2-0f54-4d06-9005-7b71af64b03b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cibus, Inc. (CBUS)
CIK: 0001705843
Period of Report: 2024-12-31

Reporting Person: RIGGS RORY B (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-12-31 Class B Common Stock C 1388084 Disposed 0 Direct
2024-12-31 Class A Common Stock C 1388084 Acquired 4839912 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-12-31 Cibus Common Unit $ C 1388084 Disposed Class A Common Stock (1388084) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 2916 Indirect
Class A Common Stock 15791 Indirect

Footnotes

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.

F3: Pursuant to the Exchange Agreement, the reporting person exchanged Up-C Units for the same number of shares of Class A Common Stock.

F4: Represents shares of Class A Common Stock of the Issuer held by the Rory Riggs Family Trust, for which the reporting person is trustee and has sole voting and dispositive power with respect to the shares held by the trust.

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.