Glenn Whaley - Jul 16, 2025 Form 4 Insider Report for IMMUNIC, INC. (IMUX)

Role
Chief Financial Officer
Signature
/s/ Glenn Whaley
Stock symbol
IMUX
Transactions as of
Jul 16, 2025
Transactions value $
$0
Form type
4
Date filed
7/18/2025, 04:06 PM
Previous filing
Jun 20, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Whaley Glenn Chief Financial Officer 1200 AVENUE OF THE AMERICAS, SUITE 200, NEW YORK /s/ Glenn Whaley 2025-07-18 0001724623

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 IMUX Stock Appreciation Right Award $0 +280K $0.00 280K Jul 16, 2025 Common Stock 280K $0.77 Direct F1
transaction IMUX Stock Appreciation Right Award $0 +560K $0.00 560K Jul 16, 2025 Common Stock 560K $0.77 Direct F1, F2
transaction IMUX Stock Appreciation Right Award $0 +560K $0.00 560K Jul 16, 2025 Common Stock 560K $0.77 Direct F1, F3
transaction IMUX Stock Appreciation Right Award $0 +280K $0.00 280K Jul 16, 2025 Common Stock 280K $0.77 Direct F1, F4
transaction IMUX Stock Appreciation Right Award $0 +280K $0.00 280K Jul 16, 2025 Common Stock 280K $0.77 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Stock Appreciation Rights ("SARs") could be settled for cash, but it is the intention of the Issuer that these SARs will be settled for shares of the Issuer's common stock, par value $0.0001 per share ("Common Stock") provided the Issuer obtains stockholder approval to amend the Issuer's 2019 Omnibus Equity Incentive Plan, as amended, to provide for a sufficient number of shares of Common Stock to support the settlement of the SARs in shares of Common Stock.
F2 Exercisable beginning August 1, 2026, subject to the exercise of the Issuer's series A purchase warrants by the holders thereof.
F3 Exercisable beginning August 1, 2026, subject to the exercise of the Issuer's series B purchase warrants by the holders thereof.
F4 Exercisable beginning August 1, 2026, subject to the Issuer's issuance of Common Stock or pre-funded warrants to subscribers in connection with the second tranche of the Issuer's January 4, 2024 private placement (the "January 2024 Offering").
F5 Exercisable beginning August 1, 2026, subject to the Issuer's issuance of Common Stock or pre-funded warrants to subscribers in connection with the third tranche of the January 2024 Offering.