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Galecto, Inc. Director's Dealing 2020

Oct 29, 2020

35406_dirs_2020-10-28_6a42a60b-929f-4e01-afa4-6f9bd09a8c04.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Galecto Inc. (GLTO)
CIK: 0001800315
Period of Report: 2020-10-28

Reporting Person: Novo Holdings A/S (10% Owner)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
SERIES B-1 PREFERRED STOCK $ COMMON STOCK (66454) Direct
SERIES B-2 PREFERRED STOCK $ COMMON STOCK (41161) Direct
SERIES B-3 PREFERRED STOCK $ COMMON STOCK (164647) Direct
SERIES B-4 PREFERRED STOCK $ COMMON STOCK (173312) Direct
SERIES C-1 PREFERRED STOCK $ COMMON STOCK (348336) Direct
SERIES C-2 PREFERRED STOCK $ COMMON STOCK (506073) Direct
SERIES C-4 PREFERRED STOCK $ COMMON STOCK (472334) Direct
SERIES C-5 PREFERRED STOCK $ COMMON STOCK (134953) Direct
SERIES D PREFERRED STOCK $ COMMON STOCK (257188) Direct

Footnotes

F1: Each share of Series B-1 Preferred Stock, Series B-2 Preferred Stock, Series B-3 Preferred Stock, Series B-4 Preferred Stock, Series C-1 Preferred Stock, Series C-2 Preferred Stock, Series C-4 Preferred Stock, Series C-5 Preferred Stock and Series D Preferred Stock (collectively, the "Preferred Stock") is convertible into Common Stock at a ratio of 1:2.59970 into the number of shares of Common Stock as shown in Column 3 at any time at the holder's election, and automatically upon the closing of the Issuer's initial public offering without payment of additional consideration. These shares have no expiration date.