Imunon, Inc. — Director's Dealing 2010

Feb 23, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Celsion CORP (CLSN)
CIK: 0000749647
Period of Report: 2010-02-19

Reporting Person: Tumminello Timothy J (Interim CAO, Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-19	Common Stock (Bonus Grant)	A	2040	$2.94	Acquired	2040	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-19	Common Stock Option	$2.94	A	5000	Acquired	2020-02-19	Celsion Common Stock (5000)	Direct
2010-02-19	Common Stock Option	$2394	A	10000	Acquired	2020-02-19	Celsion Common Stock (10000)	Direct

Footnotes

F1: Stock Grant issued in lieu of cash bonus.

F2: Fair value on date of stock grant.

F3: Option awarded on promotion as disclosed in Form 3 filing on January 8, 2010 and as approved by Celsion Board of Directors on February 19, 2010. Options vest 1/3 each on February 19, 2011, 2012 and 2013.

F4: Options vest 1/3 each on February 19, 2011, 2012 and 2013.