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Imunon, Inc. Director's Dealing 2011

Dec 6, 2011

35124_dirs_2011-12-06_1972fd6b-7c59-4599-b33b-e50dc5408ff5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Celsion CORP (CLSN)
CIK: 0000749647
Period of Report: 2011-12-06

Reporting Person: Martinez Alberto R (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-12-06 Celsion Corporation Common Stock P 5000 $2.3125 Acquired 74125 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-12-06 Warrant to purchase Common Stock $2.36 P 2500 Acquired 2016-12-06 Celsion Corporation Common Stock (2500) Direct

Footnotes

F1: The securities were purchased in a private placement transaction (the "Private Placement") completed December 6, 2011 between Celsion Corporation and qualified institutional investors as well as two directors of Celsion Corporation.

F2: In the Private Placement, the Company sold units, each consisting of one share of the Company's common stock and a warrant to purchase 0.5 shares of the Company's common stock, at a price of $2.3125 per unit.