Company: MBIO
Filing Date: 2025-02-05
Form Type: S-1/A
Source: 0001104659-25-009408
Chunk: 285

Company: MUSTANG BIO, INC.
Filing Date: 2025-02-05
Form: S-1/A
Chunk 285
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uable by shares, for a total of shares.

As of September 30, 2024,6,941shares were available for future issuance under the Incentive Plan.

Stock Options

The following table summarizes stock option activities for the nine months ended September 30, 2024:

| ​                                                    
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 Stock Options | ​ 
 ​ 
 ​ 
 ​ | ​                
 ​                
 ​                
 Weighted Average 
 Exercise Price   |        ​ 
        ​ 
        ​ | ​ 
 ​ 
 ​ 
 ​ |                    ​ 
     Weighted Average 
            Remaining 
 Contractual Life (in 
               years) |
|:-----------------------------------------------------|:--|--------------:|:--|:-----------------|---------:|:--|---------------------:|
| Outstanding at December 31, 2023                     |   |         1,521 | ​ | $                | 4,297.50 |   |                 3.31 |
| Outstanding at September 30, 2024                    |   |         1,521 | ​ | $                | 4,297.50 |   |                 2.56 |
| Options vested and exercisable at September 30, 2024 |   |           951 | ​ | $                | 4,297.50 |   |                 2.56 |

As of September 30, 2024, the Company had unrecognized stock-based compensation expense related to options. The Company accounts for forfeited awards as they occur.

Restricted Stock

The following table summarizes restricted stock award activities for the nine months ended September 30, 2024:

| ​                               
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 Number of Shares | ​ 
 ​ 
 ​ | ​                
 Weighted Average 
 Grant Date Fair  
 Value            |        ​ |
|:--------------------------------|:--|-----------------:|:--|:-----------------|---------:|
| Nonvested at December 31, 2023  |   |            1,285 | ​ | $                |   577.50 |
| Vested                          | ​ |              -90 | ​ | ​                | 2,722.50 |
| Nonvested at September 30, 2024 |   |            1,195