Home/Filings/4/0000899243-22-008373
4//SEC Filing

Tak Paul Peter 4

Accession 0000899243-22-008373

CIK 0001841387other

Filed

Feb 28, 7:00 PM ET

Accepted

Mar 1, 6:35 PM ET

Size

6.2 KB

Accession

0000899243-22-008373

Insider Transaction Report

Form 4
Period: 2022-02-28
Tak Paul Peter
DirectorChief Executive Officer
Transactions
  • Award

    Stock Option (Right to Buy)

    2022-02-28+330,000330,000 total
    Exercise: $4.12Exp: 2032-02-28Common Stock (330,000 underlying)
Footnotes (1)
  • [F1]This option is subject to time-based and performance-based vesting. The shares underlying this option shall vest and become exercisable in forty-eight (48) equal monthly installments following the Grant Date, subject to the Reporting Person's continued service on each such vesting date; provided, however, that one-third of the shares underlying this option shall only become exercisable if the average market price of the Issuer's common stock equals or exceeds $13.50 for any ten consecutive trading days prior to or as of December 31, 2022, and an additional one-third of the shares underlying this option shall only become exercisable if the average market price of the Issuer's common stock equals or exceeds $20.00 for any ten consecutive trading days prior to or as of December 31, 2022.

Issuer

Candel Therapeutics, Inc.

CIK 0001841387

Entity typeother

Related Parties

1
  • filerCIK 0001873905

Filing Metadata

Form type
4
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 6:35 PM ET
Size
6.2 KB