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Imunon, Inc. Director's Dealing 2011

May 31, 2011

35124_dirs_2011-05-31_6ea60767-07e2-46f1-9964-4b150b9e1d63.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: 2011-05-26

Reporting Person: Hooper Robert W (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-05-26 Celsion Corporation Common Stock P 25907 $2.77 Acquired 33907 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-05-26 Warrants to purchase Common Stock $2.77 P 25907 Acquired 2017-05-26 Celsion Corporation Common Stock (25907) Direct

Footnotes

F1: The securities were purchased in a private placement transaction dated May 26, 2011 between Celsion Corporation and institutional investors as well as certain officers and directors of Celsion Corporation.

F2: Represents the closing consolidated bid price as reported on NASDAQ on the date of the transaction.

F3: Each warrant to purchase one share of common stock was purchased for $0.125 per unit, which represents the value allocated to the warrant in accordance with the NASDAQ Stock Market Rules.