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GALECTIN THERAPEUTICS INC Director's Dealing 2011

Apr 13, 2011

33422_dirs_2011-04-13_3a8a875a-50f4-4445-a830-5c92b773a838.zip

Director's Dealing

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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: PRO PHARMACEUTICALS INC (PRWP)
CIK: 0001133416
Period of Report: 2010-12-31

Reporting Person: CZIRR JAMES C (Director, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-03-31 Common Stock J 301952 $0.44 Acquired 982783 Indirect
2010-06-30 Common Stock J 358015 $0.71 Acquired 1340798 Indirect
2010-09-30 Common Stock J 380475 $0.79 Acquired 1721273 Indirect
2010-12-31 Common Stock J 380475 $0.9 Acquired 2101748 Indirect
2010-09-30 Common Stock A 6000 $0.79 Acquired 167700 Indirect

Footnotes

F1: Received as a dividend on Class B Convertible Preferred Stock.

F2: Reporting Person received additional shares of Issuer's common stock as dividends in the amount of 6,000 shares. Such shares are held in by a revocable trust in which Reporting Person is the sole trustee and sole beneficiary. The number of shares issuable in payment of dividends is based upon the market price of the common stock, subject to a minimum price of $1.00 per share. The price reported is the closing price of the common stock on the date the shares were issued.