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GALECTIN THERAPEUTICS INC Director's Dealing 2011

Mar 28, 2011

33422_dirs_2011-03-28_a73d32b9-9974-42fe-9881-4e84e2ddd507.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PRO PHARMACEUTICALS INC (PRWP.OB)
CIK: 0001133416
Period of Report: 2011-03-24

Reporting Person: ZUCCONI THEODORE DANIEL (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-03-24 Common Stock M 370000 $0.23 Acquired 466343 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-03-24 Employee Stock Option (Right to Buy) $0.23 M 370000 Disposed 2014-03-24 Common Stock (370000) Direct

Footnotes

F1: Includes 58,245 shares held in retirement accounts for the reporting person.

F2: Includes 3,998 shares held in retirement accounts for the wife of the reporting person, who disclaims beneficial ownership of such shares to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such share for the purpose of Section 16 or otherwise.

F3: The option, representing a right to purchase 500,000 shares, became exercisable in installments and is fully exercisable as of March 24, 2011.