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IMMUNIC, INC. — Director's Dealing 2024
Mar 6, 2024
10196_dirs_2024-03-06_f5c91d24-b9db-471b-8aa5-9c6046a56b38.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IMMUNIC, INC. (IMUX)
CIK: 0001280776
Period of Report: 2024-03-04
Reporting Person: Vitt Daniel (Director, President and CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-04 | Stock Option | $13.2900 | D | 65000 | Disposed | 2029-08-01 | Common Stock (65000) | Direct |
| 2024-03-04 | Stock Option | $12.3000 | D | 80000 | Disposed | 2030-07-02 | Common Stock (80000) | Direct |
| 2024-03-04 | Stock Option | $15.7200 | D | 115000 | Disposed | 2031-03-01 | Common Stock (115000) | Direct |
| 2024-03-04 | Stock Option | $10.7300 | D | 215000 | Disposed | 2032-01-03 | Common Stock (215000) | Direct |
| 2024-03-04 | Stock Option | $3.4000 | D | 10000 | Disposed | 2032-06-15 | Common Stock (10000) | Direct |
| 2024-03-04 | Stock Option | $1.72 | A | 485000 | Acquired | Common Stock (485000) | Direct |
Footnotes
F1: On March 4, 2024, the stockholders of Immunic, Inc. approved a proposal to reduce the exercise price of all employee stock options having an exercise price above $3.00 per share (the "Eligible Options") to the greater of $1.72 and 110% of the closing price on a future repricing date to be set by the Board of Directors. The Board of Directors then determined that the exercise price of all Eligible Options will be repriced to $1.72 per share, which is greater than 110% of the closing price of the Common Stock on March 4, 2024, the repricing date set by the Board of Directors. Accordingly, this Form 4 reflects the cancellation of each Eligible Option and the reissuance of all Eligible Options at an exercise price of $1.72 per share. Following the repricing, each Eligible Option retains its respective original vesting schedule and expiration date.