Steven O'Day - Feb 2, 2022 Form 4 Insider Report for AGENUS INC (AGEN)

Role
Chief Medical Officer
Signature
/s/ Steven J. O'Day
Stock symbol
AGEN
Transactions as of
Feb 2, 2022
Transactions value $
$255,222
Form type
4
Date filed
2/4/2022, 04:50 PM
Previous filing
Jan 6, 2022
Next filing
Jan 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGEN Common Stock Award $255K +102K +165.82% $2.51 163K Feb 2, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the executive's 2021 performance bonus award paid in Agenus Stock. The stock issued is fully-vested on the date of issuance but is subject to a 6-month lockup restriction with 25% of the award released on the 3-month anniversary of the issuance date and 75% of the award released on the 6-month anniversary.
F2 $2.51 was the fair market value of our Common Stock on February 2, 2022, the stock issuance date.