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GALECTIN THERAPEUTICS INC — Director's Dealing 2018
Jun 12, 2018
33422_dirs_2018-06-12_76d67ea7-8f2c-4bcd-bdfb-fb1a28ccda39.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: 2018-06-08
Reporting Person: CALLICUTT JACK W (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-06-08 | Common Stock | M | 100000 | $.87 | Acquired | 101260 | Direct |
| 2018-06-08 | Common Stock | S | 100000 | $5.75 | Disposed | 1260 | Direct |
| 2018-06-11 | Common Stock | M | 20000 | $1.37 | Acquired | 21260 | Direct |
| 2018-06-11 | Common Stock | S | 20000 | $6.375 | Disposed | 1260 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-06-08 | Stock option (right to buy) | $.87 | M | 100000 | Disposed | 2026-12-03 | Common Stock (100000) | Direct |
| 2018-06-11 | Stock option (right to buy) | $1.37 | M | 20000 | Disposed | 2026-01-20 | Common Stock (20000) | Direct |
Footnotes
F1: The reported transaction was made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 28, 2018.
F2: The options vested as follows: 25% on December 3, 2016, the grant date; 25% on July 1, 2017; and 50% on December 31, 2017.
F3: The options vested as follows: 25% on January 20, 2016, the grant date, with the remainder vesting ratably on a monthly basis over a three year period.
F4: The shares were sold in multiple transactions at prices ranging from $5.50 to $6.00. 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.
F5: The shares were sold in multiple transactions at prices ranging from $6.25 to $6.50. 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.