Debra Frimerman - 01 Mar 2023 Form 4 Insider Report for Cibus, Inc. (CBUS)

Role: General Counsel and Secretary
Signature: Suzette McNally, Attorney-in-Fact for Debra Frimerman
Issuer symbol: CBUS
Transactions as of: 01 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 02 Jun 2023, 20:25:16 UTC
Previous filing: 04 Jan 2023
Next filing: 08 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CBUS	Common Stock	Award	$0	+5,533	+42%	$0.000000	18,772	31 May 2023	Direct	F1

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

Type	Sym	Class	Transaction	Shares	Change %	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CBUS	Stock Option (Right-to-Buy)	Disposed to Issuer	-80,000	-100%	0	01 Mar 2023	Common Stock	80,000	$4.55	Direct	F2
transaction	CBUS	Stock Option (Right-to-Buy)	Award	+80,000		80,000	01 Mar 2023	Common Stock	80,000	$4.55	Direct	F2
transaction	CBUS	Stock Option (Right-to-Buy)	Disposed to Issuer	-27,000	-100%	0	01 Mar 2023	Common Stock	27,000	$8.05	Direct	F2
transaction	CBUS	Stock Option (Right-to-Buy)	Award	+27,000		27,000	01 Mar 2023	Common Stock	27,000	$8.05	Direct	F2
transaction	CBUS	Stock Option (Right-to-Buy)	Disposed to Issuer	-250,000	-100%	0	01 Mar 2023	Common Stock	250,000	$1.27	Direct	F2
transaction	CBUS	Stock Option (Right-to-Buy)	Award	+250,000		250,000	01 Mar 2023	Common Stock	250,000	$1.27	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Debra Frimerman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Shares were received for no consideration upon the satisfaction of performance criteria underlying the award of the performance share units. Shares reflect the one-for-ten reverse stock split effected on April 24, 2023 and the one-for-five reverse stock split effected on May 31, 2023.
F2	The reported transactions reflect a March 1, 2023 material modification of an outstanding stock option with a 90-day post-separation exercise period to extend the exercise period from 90 days to five years from the date of grant. Calyxt, Inc. effected a one-for-ten reverse stock split of its common stock effective on April 24, 2023 and a one-for-five reverse stock split effective on May 31, 2023. Amounts reported above are pre-split.

Content

Shares were received for no consideration upon the satisfaction of performance criteria underlying the award of the performance share units. Shares reflect the one-for-ten reverse stock split effected on April 24, 2023 and the one-for-five reverse stock split effected on May 31, 2023.

The reported transactions reflect a March 1, 2023 material modification of an outstanding stock option with a 90-day post-separation exercise period to extend the exercise period from 90 days to five years from the date of grant. Calyxt, Inc. effected a one-for-ten reverse stock split of its common stock effective on April 24, 2023 and a one-for-five reverse stock split effective on May 31, 2023. Amounts reported above are pre-split.