4/A: Cibus Inc. Director Jean-Pierre Jules Lehmann Reports Stock Option Grant
SEC Form 4/A
Director Jean-Pierre Jules Lehmann reports acquisition of stock options in Cibus, Inc.
Summary
- Jean-Pierre Jules Lehmann, a director of Cibus, Inc., filed an amended Form 4 on June 3, 2024, reporting transactions from May 30, 2024.
- The report details the acquisition of stock options to purchase 4,565 shares of Class A Common Stock at an exercise price of $14.82, expiring on May 30, 2034.
- Additionally, Lehmann acquired stock options to purchase 7,712 shares of Class A Common Stock at an exercise price of $14.82, expiring on May 30, 2034, with vesting occurring on the earlier of the first anniversary of the grant date or the next annual shareholder meeting.
- Following these transactions, Lehmann directly owns options for 4,565 shares and 7,712 shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard disclosure of stock option grants.
Industry Context
This filing is a routine disclosure of stock option grants to a company director, which is a common practice in publicly traded companies to align management's interests with those of shareholders.
Stakeholder Impact
- The stock option grants may incentivize the director to work towards increasing shareholder value.
Key Dates
| Date | Description |
|---|---|
| 05/30/2024 | Date of stock option grant and transaction. |
| 05/30/2034 | Expiration date of the stock options. |
| 06/03/2024 | Date of amended Form 4 filing. |
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