John Thomas Burns - 05 Dec 2022 Form 4 Insider Report for SELLAS Life Sciences Group, Inc. (SLS)

Role
Senior VP, Finance & CAO
Signature
/s/ John Burns
Issuer symbol
SLS
Transactions as of
05 Dec 2022
Transactions value $
-$3,002
Form type
4
Filing time
05 Dec 2022, 15:13:38 UTC
Previous filing
01 Feb 2022
Next filing
03 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLS Class A Common Stock Sale -$3,001 -1,159 -3.8% $2.59 29,347 05 Dec 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number shares of common stock required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.