Clarence E. Smith - 07 Dec 2022 Form 4 Insider Report for ProtoKinetix, Inc. (PKTX)

Role
President & CEO, Director, 10%+ Owner
Signature
/s/ Clarence E. Smith
Issuer symbol
PKTX
Transactions as of
07 Dec 2022
Net transactions value
+$63,000
Form type
4
Filing time
09 Dec 2022, 16:15:55 UTC
Previous filing
11 Oct 2022
Next filing
04 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PKTX Common Stock Purchase $63,000 +2,520,000 +6.7% $0.0250 40,114,443 08 Dec 2022 Direct F1
holding PKTX Common Stock 13,235,160 07 Dec 2022 See footnote F2
holding PKTX Common Stock 1,850,000 07 Dec 2022 See footnote F3

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 Other $0 -4,750,000 -100% $0.000000* 0 07 Dec 2022 Common Stock 4,750,000 $0.0600 Direct F4
transaction PKTX Stock Option Other $0 -25,000,000 -100% $0.000000* 0 07 Dec 2022 Common Stock 25,000,000 $0.1100 Direct F4
transaction PKTX Stock Option Other $0 -2,600,000 -100% $0.000000* 0 07 Dec 2022 Common Stock 2,600,000 $0.1100 Direct F4
transaction PKTX Stock Option Award $0 +27,600,000 $0.000000 27,600,000 07 Dec 2022 Common Stock 27,600,000 $0.0280 Direct F5
transaction PKTX Stock Option Award $0 +4,750,000 $0.000000 4,750,000 07 Dec 2022 Common Stock 4,750,000 $0.0280 Direct F6
holding PKTX Warrant 600,000 07 Dec 2022 Common Stock 600,000 $0.0500 Direct
holding PKTX Warrant 1,000,000 07 Dec 2022 Common Stock 1,000,000 $0.0500 Direct
holding PKTX Warrant 216,666 07 Dec 2022 Common Stock 216,666 $0.1200 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares purchased as part of a private placement with the Company.
F2 Shares held by the Clarence E. Smith Trusts.
F3 Shares held by Mr. Smith's retirement account.
F4 Cancellation of options for no value received.
F5 Options granted pursuant to Amended 2017 Stock Option and Stock Bonus Plan on December 7, 2022. Fully vested.
F6 Options granted pursuant to Amended 2017 Stock Option and Stock Bonus Plan on December 7, 2022. 3,562,500 options vested December 7, 2022; 1,187,500 options vest December 31, 2022.