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GALECTIN THERAPEUTICS INC — Director's Dealing 2018
Jun 21, 2018
33422_dirs_2018-06-21_116c0fa6-46c1-4232-b773-880784587d84.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: 2018-06-19
Reporting Person: CALLICUTT JACK W (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-06-19 | Common Stock | M | 102733 | $4.41 | Acquired | 103993 | Direct |
| 2018-06-19 | Common Stock | M | 26000 | $3.45 | Acquired | 129993 | Direct |
| 2018-06-19 | Common Stock | S | 128733 | $9.0108 | Disposed | 1260 | Direct |
| 2018-06-20 | Common Stock | M | 97267 | $4.41 | Acquired | 98527 | Direct |
| 2018-06-20 | Common Stock | S | 97267 | $8.0812 | Disposed | 1260 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-06-19 | Stock option (right to buy) | $4.41 | M | 102733 | Disposed | 2023-07-01 | Common Stock (102733) | Direct |
| 2018-06-19 | Stock option (right to buy) | $3.45 | M | 26000 | Disposed | 2025-01-29 | Common Stock (26000) | Direct |
| 2018-06-20 | Stock option (right to buy) | $4.41 | M | 97267 | Disposed | 2023-07-01 | Common Stock (97267) | Direct |
Footnotes
F1: The options vested as follows: (i) 12.5% on December 31, 2013, (ii) 25% on December 31, 2014, (iii) 25% on December 31, 2015, and (iv) 50% on December 31, 2016.
F2: The options vested as follows: 25% on January 29, 2016, the grant date, with the remainder vesting ratably on a monthly basis over a three year period.
F3: The shares were sold in multiple transactions at prices ranging from $9.00 to $9.0266. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F4: The shares were sold in multiple transactions at prices ranging from $8.0054 to $8.2592. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request by the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.