Cibus Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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Sep 30, 2024 · Filed Nov 7, 2024
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Item 5. Other Information
On August 16, 2024, Gerhard Prante, a Director of the Company, entered into a written plan for the sale of an aggregate number of shares of the Company’s Class A Common Stock equal to the Plan Amount, which is the lesser of (i)71,785 shares of the Company’s Class A Common Stock and (ii) the number of shares necessary to satisfy Mr. Prante’s personal tax liability in respect of certain grants of the Company’s equity awards. The plan is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act and will automatically terminate when the Plan Amount is reached.
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