Michael R. Guzzetta - Apr 13, 2021 Form 4 Insider Report for ProtoKinetix, Inc. (PKTX)

Role
CFO
Signature
/s/ Michael R. Guzzetta
Stock symbol
PKTX
Transactions as of
Apr 13, 2021
Transactions value $
$46,264
Form type
4
Date filed
6/28/2021, 06:46 PM
Next filing
Aug 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PKTX Common Stock Options Exercise $38.9K +556K +320.55% $0.07 729K Apr 13, 2021 Direct
transaction PKTX Common Stock Tax liability $13.6K +194K +36.38% $0.07 729K Apr 13, 2021 Direct F1
transaction PKTX Common Stock Sale -$475 -2.5K -0.34% $0.19* 726K Apr 21, 2021 Direct
transaction PKTX Common Stock Sale -$2.45K -11.5K -1.58% $0.21* 715K Apr 22, 2021 Direct F2
transaction PKTX Common Stock Sale -$2.96K -12K -1.68% $0.25* 703K Apr 26, 2021 Direct F3
transaction PKTX Common Stock Sale -$348 -1.5K -0.21% $0.23* 701K Apr 27, 2021 Direct

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 PKTX Stock Option Options Exercise $0 -750K -100% $0.00* 0 Apr 13, 2021 Common Stock 750K $0.07 Direct F4
holding PKTX Stock Option 3.5M Apr 13, 2021 Common Stock 3.5M $0.12 Direct F5
holding PKTX Stock Option 4M Apr 13, 2021 Common Stock 4M $0.11 Direct F6
holding PKTX Stock Option 4M Apr 13, 2021 Common Stock 4M $0.09 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a "net exercise" of outstanding vested stock options. These shares were withheld by the Company for payment of the exercise price and applicable taxes, based on the market price of the Company common stock on April 13, 2021 of $0.27.
F2 This transaction was executed in multiple trades at prices ranging from $0.20 to $0.215. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $0.24 to $0.25. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 Options exercised pursuant to 2017 Stock Option and Stock Bonus Plan.
F5 Options issued pursuant to the Company's Amended 2017 Stock Option and Stock Bonus Plan on June 12, 2020. Fully vested.
F6 Options issued pursuant to the Company's Amended 2017 Stock Option and Stock Bonus Plan on November 18, 2019. 1,000,000 shares of common stock vest on February 18, 2020; thereafter 1,000,000 shares vest every three months until fully vested on November 18, 2020.
F7 Options issued pursuant to the Amended 2017 Stock Option and Stock Bonus Plan on November 9, 2018. 1,000,000 shares of common stock vest March 31, 2019; thereafter 1,000,000 shall vest every three months until fully vested on December 31, 2019.