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GALECTIN THERAPEUTICS INC — Director's Dealing 2017
Dec 18, 2017
33422_dirs_2017-12-18_674f6f31-86a4-4342-b16d-c16d8c2e977d.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: 2017-12-14
Reporting Person: Uihlein Richard E (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-12-14 | Common Stock | A | 14644 | $2.39 | Acquired | 2524553 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-12-14 | Stock option (right to buy) | $2.39 | A | 46875 | Acquired | 2027-12-14 | Common stock (46875) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 20000 | Indirect |
Footnotes
F1: These restricted shares were issued in lieu of cash retainer and meeting fees of $35,000 for 2018. Restrictions on the shares lapse at a rate of 25% per calendar quarter in 2018.
F2: The reporting person is president and director of Ed Uihein Family Foundation, a not-for-profit corporation. The reportion person has no pecuniary interest in the shares, however, he shares voting and dispositive power over the shares and, therefore, remains the beneficial owner of the shares solely for purposes of Section 13(d) of the Securities Exchange Act of 1934.
F3: The options vest 100% on December 14, 2018.