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Imunon, Inc. Director's Dealing 2014

Jun 24, 2014

35124_dirs_2014-06-24_77bb179b-2ecb-4d0b-a31e-7d379e37abc7.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: 2014-06-20

Reporting Person: Anwer Khursheed (Chief Scientific Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-06-20 Celsion Corporation Common Stock A 5000 $3.50 Acquired 5000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-06-20 Option to Purchase Celsion Corporation Common Stock $3.50 A 40000 Acquired 2024-06-20 Celsion Corporation Common Stock (40000) Direct
2014-06-20 Restricted Stock Award $3.50 A 35000 Acquired 2017-06-30 Ceslion Corporation Common Stock (35000) Direct

Footnotes

F1: The Officer was provided a stock grant on June 20, 2014

F2: Represents the per share fair value of the common stock grant based on the closing price of Celsion Corporation Common Stock on the date of grant.

F3: 10,000 options vested immediately and the remaining options vest in quarters on June 20, 2015, June 20, 2016, June 20, 2017 and June 20, 2018.

F4: The restricted share award of Celsion Corporation Common Stock vests in one installment on the third anniversary of the officer's starting date subject to continued employment through that vesting date.