Replies to post #36953 on Cel Sci Corporation (CVM)

[sab63090]

@FrugalNorwegian:

Thanks, it's been a long time for me to catch up on these things and as I remember it, "insiders" had 2 days to report any changes to their holdings such as sales & buys of stock, etc.

Option grants & RSU's would also come into play if the stock was sold upon exercise such as a cashless exercise.

I thought exercises of warrants would fall into that category, too, but I think that would only occur if they concurrently sold the stock, too, as above, but Geert has bought out others' warrants and reported it much later on various SEC required reports.

As you know, a lot of the warrants coming due in June have both outsiders/friends and insiders involved and most of those are registered on the S-1, but my thinking is that some (or many) of the outsiders have exercised already (but we don't know if they sold or not since they don't have to report like the insiders do.

I have been expecting an amendment/revision/update to the S-1 registration with some of those investors no longer listed as potential sellers of stock....kind of a mystery to me.