Amy B. Wechsler - 11 Oct 2024 Form 4 Insider Report for Galecto, Inc. (GLTO)

Role
Director
Signature
/s/ Lori Firmani, attorney-in-fact
Issuer symbol
GLTO
Transactions as of
11 Oct 2024
Net transactions value
$0
Form type
4
Filing time
15 Oct 2024, 16:15:05 UTC
Previous filing
01 Oct 2024
Next filing
02 Jan 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GLTO Stock Option (right to buy) Award $0 +720 $0.000000 720 11 Oct 2024 Common Stock 720 $6.92 Direct F1
transaction GLTO Stock Option (right to buy) Award $0 +480 $0.000000 480 11 Oct 2024 Common Stock 480 $6.92 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares subject to such option vest in 36 equal monthly installments over three years from the Award Date, subject in each case to the grantee's continued service through the applicable vesting date.
F2 Represents a pro-rated annual option grant to a non-employee director upon appointment to the Board of Directors of the Company. The shares subject to such option vest in twelve equal monthly installments, commencing on the Award Date, subject in each case to the grantee's continued service through the applicable vesting date.