Sec Form 4 Filing - Laing Lance G. @ Celcuity Inc. - 2021-10-27

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Laing Lance G.
2. Issuer Name and Ticker or Trading Symbol
Celcuity Inc. [ CELC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Science Officer
(Last) (First) (Middle)
16305 36TH AVENUE N., SUITE 100
3. Date of Earliest Transaction (MM/DD/YY)
10/27/2021
(Street)
MINNEAPOLIS, MN55446
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 1,250,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 8.4 ( 1 ) 05/17/2027 Common Stock 16,125 16,125 D
Stock Option (right to buy) $ 9.5 ( 1 ) 09/19/2027 Common Stock 4,110 4,110 D
Stock Option (right to buy) $ 25.77 ( 2 ) 10/17/2028 Common Stock 1,834 1,834 D
Stock Option (right to buy) $ 19.72 ( 3 ) 08/12/2029 Common Stock 50,000 50,000 D
Stock Option (right to buy) $ 5.9 ( 4 ) 08/12/2030 Common Stock 20,000 20,000 D
Stock Option (right to buy) $ 10.35 ( 5 ) 12/28/2030 Common Stock 2,771 2,771 D
Stock Option (right to buy) $ 14.84 ( 6 ) 02/02/2031 Common Stock 3,215 3,215 D
Stock Option (right to buy) $ 15.92 ( 7 ) 03/18/2031 Common Stock 2,973 2,973 D
Stock Option (right to buy) $ 27.94 ( 8 ) 04/12/2031 Common Stock 6,754 6,754 D
Stock Option (right to buy) $ 20.04 ( 9 ) 08/11/2031 Common Stock 20,000 20,000 D
Stock Option (right to buy) $ 17.19 10/27/2021 A 1,877 ( 10 ) 10/27/2031 Common Stock 1,877 $ 0 1,877 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Laing Lance G.
16305 36TH AVENUE N.
SUITE 100
MINNEAPOLIS, MN55446
X Chief Science Officer
Signatures
/s/ Eric O. Madson as attorney-in-fact for Lance G. Laing pursuant to Power of Attorney previously filed. 10/29/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Fully vested.
( 2 )458 shares vest on 10/17/19; the remaining 1,376 shares vest 1/36th per month thereafter.
( 3 )12,500 shares vest on 8/12/20; the remaining 37,500 shares vest 1/36th per month thereafter.
( 4 )5,000 shares vest on 8/12/21; the remaining 15,000 shares vest 1/36th per month thereafter.
( 5 )692 shares vest on 12/29/21; the remaining 2,079 shares vest 1/36th per month thereafter.
( 6 )803 shares vest on 2/2/22; the remaining 2,412 shares vest 1/36th per month thereafter.
( 7 )743 shares vest on 3/18/22; the remaining 2,230 shares vest 1/36th per month thereafter.
( 8 )1,689 shares vest on 4/12/22; the remaining 5,065 shares vest 1/36th per month thereafter.
( 9 )5,000 shares vest on 8/11/22; the remaining 15,000 shares vest 1/36th per month thereafter.
( 10 )469 shares vest on 10/27/22; the remaining 1,408 shares vest 1/36th per month thereafter.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.