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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.