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GALECTIN THERAPEUTICS INC Director's Dealing 2020

Jan 14, 2020

33422_dirs_2020-01-13_106bfc90-6847-4a1e-aceb-2bad32ff936b.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: 2020-01-09

Reporting Person: LEWIS JOEL (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-01-09 Common Stock A 20455 $2.86 Acquired 99104 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-01-09 Stock option (right to buy) $2.86 A 40000 Acquired 2030-01-09 Common Stock (40000) Direct

Footnotes

F1: These restricted shares were issued pursuant to the Galectin Therapeutics Inc. 2019 Omnibus Equity Incentive Plan in lieu of a cash retainer and meeting fees of $58,500 for 2020. Restrictions on the shares lapse at a rate of 25% at the end of each calendar quarter in 2020.

F2: The options were issued pursuant to the Galectin Therapeutics Inc. 2019 Omnibus Equity Incentive Plan

F3: The options vest 100% on December 31, 2020.