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

Role
Director
Signature
/s/ Lori Firmani, attorney-in-fact
Stock symbol
GLTO
Transactions as of
Oct 11, 2024
Transactions value $
$0
Form type
4
Date filed
10/15/2024, 04:15 PM
Previous filing
Oct 1, 2024

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 $0.00 720 Oct 11, 2024 Common Stock 720 $6.92 Direct F1
transaction GLTO Stock Option (right to buy) Award $0 +480 $0.00 480 Oct 11, 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.