Galecto, Inc. — Director's Dealing 2024

Aug 16, 2024

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Galecto, Inc. (GLTO)
CIK: 0001800315
Period of Report: 2024-08-12

Reporting Person: Firmani Lori (N/A)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$13.00	2030-11-23	Common Stock (40000)		Direct
Stock Option (right to buy)	$3.24	2032-01-03	Common Stock (37500)		Direct
Stock Option (right to buy)	$1.21	2033-01-03	Common Stock (45000)		Direct
Restricted Stock Units	$0		Common Stock (55000)		Direct

Footnotes

F1: 25% of the shares subject to such option vested and became exercisable on November 23, 2021 and the remainder of the shares vest in substantially equal monthly installments for a period of 36 months thereafter, subject to the Reporting Person's continuous service to the Issuer on each such date.

F2: 25% of the shares subject to such option vested and became exercisable on January 4, 2023 and the remainder of the shares vest in substantially equal monthly installments for a period of 36 months thereafter, subject to the Reporting Person's continuous service to the Issuer on each such date.

F3: 25% of the shares subject to such option vested and became exercisable on January 4, 2024 and the remainder of the shares vest in substantially equal monthly installments for a period of 36 months thereafter, subject to the Reporting Person's continuous service to the Issuer on each such date.

F4: Each restricted stock unit represents the right to receive, at settlement, one share of common stock of Galecto, Inc. One-third of the restricted stock units subject to the award will vest on January 3, 2025 and the remaining restricted stock units will vest ratably every six months thereafter, assuming continued employment through the applicable vesting date.