SEC FORM
4
SEC Form 4
FORM 4 |
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 or Section 30(h) of the Investment Company Act of 1940
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OMB APPROVAL |
OMB Number: |
3235-0287 |
Estimated average burden |
hours per response: |
0.5 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
CELSION CORP
[ CLN ]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X |
Director |
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10% Owner |
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Officer (give title below) |
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Other (specify below) |
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3. Date of Earliest Transaction
(Month/Day/Year) 02/26/2007
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4. If Amendment, Date of Original Filed
(Month/Day/Year)
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6. Individual or Joint/Group Filing (Check Applicable Line)
X |
Form filed by One Reporting Person |
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Form filed by More than One Reporting Person |
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
1. Title of Security (Instr.
3)
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2. Transaction Date
(Month/Day/Year) |
2A. Deemed Execution Date, if any
(Month/Day/Year) |
3. Transaction Code (Instr.
8)
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4. Securities Acquired (A) or Disposed Of (D) (Instr.
3, 4 and 5)
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5.
Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr.
3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr.
4)
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7. Nature of Indirect Beneficial Ownership (Instr.
4)
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Code |
V |
Amount |
(A) or (D) |
Price |
Common Stock |
02/26/2007 |
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P |
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10,000 |
A |
$3.5027
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87,466 |
D |
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative Security (Instr.
3)
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2. Conversion or Exercise Price of Derivative Security
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3. Transaction Date
(Month/Day/Year) |
3A. Deemed Execution Date, if any
(Month/Day/Year) |
4. Transaction Code (Instr.
8)
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5.
Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr.
3, 4 and 5)
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6. Date Exercisable and Expiration Date
(Month/Day/Year) |
7. Title and Amount of Securities Underlying Derivative Security (Instr.
3 and 4)
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8. Price of Derivative Security (Instr.
5)
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9.
Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr.
4)
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10. Ownership Form: Direct (D) or Indirect (I) (Instr.
4)
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11. Nature of Indirect Beneficial Ownership (Instr.
4)
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Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Explanation of Responses: |
Remarks: |
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/s/ Anthony P.Deasey as Attorney-in-Fact |
02/27/2007 |
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** Signature of Reporting Person |
Date |
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. |
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Exhibit 24.1
POWER OF ATTORNEY
I, Max E. Link,, do hereby nominate, constitute and appoint each of Anthony P.
Deasey and Anita J. Finkelstein as my true and lawful agent and
attorney-in-fact, with full power of substitution and full power and authority
to act hereunder, in his or her discretion, in my name and on my behalf as fully
as I could if I were present and acting in person, to (i) make any and all
required or voluntary filings under Section 16(a) of the Securities Exchange Act
of 1934, as amended (the "Exchange Act"), and the applicable rules and
regulations thereunder, with the Securities and Exchange Commission, the
American Stock Exchange, any other stock exchange or interdealer quotation
system or similar market for the sale and purchase of securities, the National
Association of Securities Dealers, Inc., Celsion Corporation, a Delaware
corporation (the "Company"), and any other person or entity to which such
filings may be required under Section 16(a) of the Exchange Act as a result of
my service as an officer and/or director of the Company or beneficial ownership
(within the meaning of Section 16(a) of the Exchange Act) of more than ten
percent of any class of equity securities of the Company, and (ii) perform such
other reporting tasks as he or she may deem necessary or advisable in connection
with the foregoing filings.
Each of the above-named attorneys-in-fact agrees to accept this appointment,
subject to its terms, and to act in such capacity, consistent with my best
interests as he or she, in his or her discretion, deems advisable. I agree to
indemnify and hold harmless each attorney-in-fact from any and all liability due
to his or her failure to carry out or timely perform on my behalf the duties set
forth above.
I hereby consent to, ratify and confirm all that each said attorney-in-fact
shall do or cause to be done by virtue of this Power of Attorney. I hereby
acknowledge that each attorney-in-fact, in serving in such capacity at my
request, is not assuming, nor is the Company assuming, any of my
responsibilities to comply with Section 16 of the Exchange Act.
This Power of Attorney shall remain in full force and effect from this date
forward for so long as I am an officer or director of the Company and for such
time thereafter as may be necessary to make any such filings or until revoked or
modified by me. I hereby revoke all prior powers of attorney relating to the
foregoing acts.
IN WITNESS WHEREOF, I have hereunto signed my name this 24th day of May, 2005.
/s/ Max E. Link
Max E. Link
Director
Celsion Corporation