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GALECTIN THERAPEUTICS INC — Director's Dealing 2015
Jul 8, 2015
33422_dirs_2015-07-08_e881a1e8-0e7b-4d3f-8b3e-fa4db1054776.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: 2015-03-12
Reporting Person: AMELIO GILBERT F (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-12 | Common Stock | A | 11112 | — | Acquired | 103086 | Direct |
| 2015-04-07 | Common Stock | A | 1054 | — | Acquired | 104140 | Direct |
| 2015-04-08 | Common Stock | A | 15921 | — | Acquired | 120061 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-04-08 | Stock Option (right to buy) | $6.48 | D | 7408 | Disposed | 2016-03-24 | Common Stock (7408) | Direct |
| 2015-04-08 | Stock Option (right to buy) | $7.08 | D | 6780 | Disposed | 2021-06-28 | Common Stock (6780) | Direct |
| 2015-04-08 | Stock Option (right to buy) | $3.59 | D | 10034 | Disposed | 2023-03-28 | Common Stock (10034) | Direct |
Footnotes
F1: The option vested quarterly in eight equal installments beginning May 12, 2011.
F2: The option was canceled by mutual agreement of the reporting person and Galectin Therapeutics, Inc. The reporting person received 15,921 shares of restricted common stock, reported in Table 1 of this Form 4, as consideration for the cancellation of options granted on March 24, 2011, June 28, 2011 and March 28, 2013.
F3: The option vested as to one-eighth of the shares on June 28, 2011 and thereafter quarterly in seven equal installments beginning August 12, 2011.
F4: The option vested quarterly in eight equal installments beginning on May 12, 2013.