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GALECTIN THERAPEUTICS INC — Director's Dealing 2014
Feb 4, 2014
33422_dirs_2014-02-04_4e69ce5f-37ea-4966-8c6b-1fe69cd3386c.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: 2014-01-31
Reporting Person: Prelack Steven (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-31 | Common Stock | M | 667 | $.72 | Acquired | 3603 | Direct |
| 2014-01-31 | Common Stock | M | 83334 | $1.20 | Acquired | 86937 | Direct |
| 2014-01-31 | Common Stock | M | 9260 | $6.48 | Acquired | 96197 | Direct |
| 2014-01-31 | Common Stock | M | 8475 | $7.08 | Acquired | 104672 | Direct |
| 2014-01-31 | Common Stock | M | 6269 | $3.59 | Acquired | 110941 | Direct |
| 2014-01-31 | Common Stock | F | 17722 | $13.71 | Disposed | 93219 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-01-31 | Stock Option (right to buy) | $.72 | M | 667 | Disposed | 2014-02-08 | Common Stock (667) | Direct |
| 2014-01-31 | Stock Option (right to buy) | $1.20 | M | 83334 | Disposed | 2014-02-25 | Common Stock (83334) | Direct |
| 2014-01-31 | Stock Option (right to buy) | $6.48 | M | 9260 | Disposed | 2016-03-24 | Common Stock (9260) | Direct |
| 2014-01-31 | Stock Option (right to buy) | $7.08 | M | 8475 | Disposed | 2021-06-28 | Common Stock (8475) | Direct |
| 2014-01-31 | Stock Option (right to buy) | $3.59 | M | 6269 | Disposed | 2023-03-28 | Common Stock (6269) | Direct |
Footnotes
F1: This option was previously reported as covering 4,000 shares at an exercise price of $0.12 per share, but was adjusted to reflect the 1-for-6 reverse stock split that occurred in March 2012.
F2: Stock Option grant, vested as follows: (i) 50% on February 25, 2010; (ii) 25% on May 25, 2010; (iii) 12.5% on August 25, 2010; (iv) 6.25% on November 25, 2010; and (v) 6.25% on February 25, 2011.
F3: This option was previously reported as covering 500,000 shares at an exercise price of $0.2 per share, but was adjusted to reflect the 1-for-6 reverse stock split that occurred in March 2012.
F4: This option was previously reported as covering 55,556 shares at an exercise price of $1.08 per share, but was adjusted to reflect the 1-for-6 reverse stock split that occurred in March 2012.
F5: The option vests in eight equal installments beginning May 12, 2011.
F6: This option was previously reported as covering 50,848 shares at an exercise price of $1.18 per share, but was adjusted to reflect the 1-for-6 reverse stock split that occurred in March 2012.
F7: The option vests as to one-eighth of the shares on June 28, 2011 and thereafter quarterly in seven equal installments beginning August 12, 2011.
F8: The option vests quarterly in eight equal installments beginning on May 12, 2013.
F9: Represents shares forfeited in satisfaction of exercise price of vested options.