Timothy Wright - 03 Jan 2023 Form 4 Insider Report for AGENUS INC (AGEN)

Role
Director
Signature
/s/Christine Klaskin as Attorney-in-Fact for Timothy R. Wright
Issuer symbol
AGEN
Transactions as of
03 Jan 2023
Transactions value $
$0
Form type
4
Filing time
04 Jan 2023, 10:15:50 UTC
Previous filing
05 Oct 2022
Next filing
03 Apr 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AGEN Deferred Stock Units Award +3.62K +2.46% 151K 03 Jan 2023 Common Stock 3.62K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deferred Stock Units convert to shares of Common Stock on a 1 for 1 basis.
F2 Acquired under the Agenus Inc. Amended and Restated Directors' Deferred Compensation Plan, as amended (the "Plan"). Deferred Stock Units represent an equal amount of the Company's common stock to be distributed under the terms of the Plan, typically once the director ceases to serve as a director of the Company.
F3 $2.590 per Deferred Stock Unit acquired on January 3, 2023. The price of each Deferred Stock Unit acquired on January 3, 2023 is the average of the closing price for the Company's common stock for all trading days during the calendar quarter immediately preceding the date such Deferred Stock Unit was acquired pursuant to the Plan.