Stephen Snowdy - 10 Jan 2022 Form 4 Insider Report for CYTRX CORP (LADX)

Role
Chief Executive Officer
Signature
/s/ Stephen Snowdy
Issuer symbol
LADX
Transactions as of
10 Jan 2022
Transactions value $
$0
Form type
4
Filing time
12 Jan 2022, 09:58:28 UTC
Next filing
29 Jan 2024
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 LADX Stock Appreciation Right Award $0 +300,000 $0 300,000 10 Jan 2022 Common Stock 300,000 $0.641 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock appreciation rights will vest in approximately three tranches on the first, second and third anniversary of January 10, 2022, provided that the reporting person is still a service provider of CytRx Corporation on such dates.
F2 No expiration date.