Immutep (IMMP) CDO lists 3.8M shares and KPI‑linked rights

Rhea-AI Filing Summary

IMMUTEP Ltd Chief Development Officer Christian Mueller filed an initial ownership report showing he directly holds 3,774,048 Ordinary Shares. This Form 3 establishes his baseline equity position as a company officer.

Mueller also holds three tranches of performance rights over 1,400,000 Ordinary Shares in total, each with a zero exercise price. Footnotes state 466,667 performance rights are scheduled to vest on December 1, 2026 and another 466,667 on December 1, 2027, while 466,666 are scheduled to vest on December 1, 2028. Vesting of the latter two tranches depends on him achieving specified key performance indicators at each applicable vesting date.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Mueller Christian

Role Chief Development Officer

Type	Security	Shares	Price	Value
holding	Performance rights (right to receive)	--	--	--
holding	Performance rights (right to receive)	--	--	--
holding	Performance rights (right to receive)	--	--	--
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Performance rights (right to receive) — 466,667 shares (Direct); Ordinary Shares — 3,774,048 shares (Direct)

Footnotes (1)

1. Granted on December 5, 2024. 466,667 performance rights will vest on December 1, 2026 and the vesting of the remaining 933,333 performance rights is dependent on Mr. Mueller achieving key performance indicators at the applicable vesting date. Granted on December 5, 2024. 466,667 performance rights will vest on December 1, 2027 and the vesting of the remaining 466,666 performance rights is dependent on Mr. Mueller achieving key performance indicators at the applicable vesting date. Granted on December 5, 2024. 466,666 performance rights will vest on December 1, 2028 and the vesting is dependent on Mr. Mueller achieving key performance indicators at the applicable vesting date.

Key Figures

Ordinary Shares held: 3,774,048 shares Performance rights tranche 1: 466,667 underlying shares Performance rights tranche 2: 466,667 underlying shares +4 more

7 metrics

Ordinary Shares held 3,774,048 shares Direct holdings after reported Form 3 entries

Performance rights tranche 1 466,667 underlying shares Performance rights vesting on December 1, 2026

Performance rights tranche 2 466,667 underlying shares Performance rights vesting on December 1, 2027 subject to KPIs

Performance rights tranche 3 466,666 underlying shares Performance rights vesting on December 1, 2028 subject to KPIs

Total performance rights 1,400,000 underlying shares Sum of three performance-rights tranches reported

Exercise price of performance rights $0.0000 per share Exercise/conversion price for performance rights

Performance rights expiration December 5, 2029 Expiration date for reported performance rights

Key Terms

Performance rights, Ordinary Shares, vesting, key performance indicators, +1 more

5 terms

Performance rights financial

"Performance rights (right to receive) over Ordinary Shares with zero exercise price"

Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.

Ordinary Shares financial

"Underling security title and direct holdings are stated as Ordinary Shares"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

vesting financial

"466,667 performance rights will vest on December 1, 2026 and others later"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

key performance indicators financial

"Vesting of remaining performance rights is dependent on achieving key performance indicators"

Key performance indicators are specific measurements used to track how well a person, team, or organization is achieving its goals. They act like report cards, providing clear signs of progress or areas needing improvement. For investors, KPIs help assess the health and future potential of a business by highlighting its most important strengths and challenges.

exercise price financial

"Performance rights are reported with an exercise price of 0.0000"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Mueller Christian

(Last) (First) (Middle)

LEVEL 32, AUSTRALIA SQUARE,

264 GEORGE STREET

(Street)

SYDNEY, NEW SOUTH WALES AUSTRALIA 2000

(City) (State) (Zip)

AUSTRALIA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
IMMUTEP Ltd [ IMMP ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Development Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares	3,774,048	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance rights (right to receive)(1)	12/01/2026	12/05/2029	Ordinary Shares	466,667	$0	D
Performance rights (right to receive)(2)	12/01/2027	12/05/2029	Ordinary Shares	466,667	$0	D
Performance rights (right to receive)(3)	12/01/2028	12/05/2029	Ordinary Shares	466,666	$0	D

Explanation of Responses:

1. Granted on December 5, 2024. 466,667 performance rights will vest on December 1, 2026 and the vesting of the remaining 933,333 performance rights is dependent on Mr. Mueller achieving key performance indicators at the applicable vesting date.

2. Granted on December 5, 2024. 466,667 performance rights will vest on December 1, 2027 and the vesting of the remaining 466,666 performance rights is dependent on Mr. Mueller achieving key performance indicators at the applicable vesting date.

3. Granted on December 5, 2024. 466,666 performance rights will vest on December 1, 2028 and the vesting is dependent on Mr. Mueller achieving key performance indicators at the applicable vesting date.

	Christian Mueller	04/01/2026
	** 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 5 (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.
* Form 3: SEC 1473 (03-26)

FAQ

What does Christian Mueller’s Form 3 filing for IMMUTEP (IMMP) show?

The filing shows Chief Development Officer Christian Mueller directly holds 3,774,048 Ordinary Shares. It also discloses 1,400,000 performance rights over Ordinary Shares, vesting between 2026 and 2028, some of which depend on meeting key performance indicators at future vesting dates.

How many IMMUTEP (IMMP) Ordinary Shares does Christian Mueller own?

Christian Mueller directly holds 3,774,048 Ordinary Shares after the reported transactions. This figure comes from the holdings section of the Form 3 and represents his baseline direct equity stake in IMMUTEP as of the reported ownership date.

What performance rights does IMMUTEP (IMMP) grant to Christian Mueller?

Mueller holds performance rights over 1,400,000 Ordinary Shares with a zero exercise price. These are split into three tranches: 466,667 underlying shares, another 466,667, and 466,666, each represented as performance rights that may vest on different future dates if conditions are met.

When do Christian Mueller’s IMMUTEP (IMMP) performance rights vest?

Footnotes state 466,667 performance rights vest on December 1, 2026, another 466,667 vest on December 1, 2027, and 466,666 vest on December 1, 2028. The 2027 and 2028 tranches vest only if Mueller achieves specified key performance indicators at each vesting date.

Are IMMUTEP (IMMP) performance rights for Christian Mueller subject to conditions?

Yes. While 466,667 performance rights vest on December 1, 2026, vesting of 933,333 remaining rights depends on Mueller achieving key performance indicators at the applicable vesting dates in 2027 and 2028, as described in the Form 3 footnotes attached to those grants.

What is the exercise price of Christian Mueller’s IMMUTEP (IMMP) performance rights?

The performance rights reported for Christian Mueller have a stated exercise price of 0.0000. This means no cash payment is required to convert vested rights into Ordinary Shares, subject to satisfaction of any vesting conditions and key performance indicator requirements described in the accompanying footnotes.