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GALECTIN THERAPEUTICS INC Director's Dealing 2013

Mar 14, 2013

33422_dirs_2013-03-14_c1c4bdbe-79ca-47ef-80cf-28276bda1bfb.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GALECTIN THERAPEUTICS INC (GALT)
CIK: 0001133416
Period of Report: 2013-03-12

Reporting Person: Prelack Steven (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-03-12 Common Stock M 1167 $2.28 Acquired 3567 Direct
2013-03-12 Common Stock F 631 $4.22 Disposed 2936 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-03-12 Employee Stock Option (right to buy) $2.28 M 1167 Disposed 2013-03-13 Common Stock (1167) Direct

Footnotes

F1: The Company effected a 1-for-6 reverse stock split in March 2012, resulting in a corresponding reduction in the number of shares of common stock owned by the reporting person.

F2: This option was previously reported as covering 7,000 shares at an exercise price of $0.38 per share, but was adjusted to reflect the 1-for-6 reverse stock split that occurred in March 2012.