Richard E. Uihlein - Sep 26, 2023 Form 4 Insider Report for GALECTIN THERAPEUTICS INC (GALT)

Role
Director, 10%+ Owner
Signature
Jack W. Callicutt, by power of attorney
Stock symbol
GALT
Transactions as of
Sep 26, 2023
Transactions value $
$10,033,020
Form type
4
Date filed
9/27/2023, 02:03 PM
Previous filing
Jan 30, 2023
Next filing
Feb 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GALT Common Stock Options Exercise $7.33M +1.47M +18.33% $5.00 9.47M Sep 26, 2023 Direct
transaction GALT Common Stock Options Exercise $850K +170K +1.8% $5.00 9.64M Sep 26, 2023 Direct
transaction GALT Common Stock Options Exercise $600K +200K +2.08% $3.00 9.84M Sep 26, 2023 Direct
transaction GALT Common Stock Options Exercise $652K +200K +2.03% $3.26 10M Sep 26, 2023 Direct
transaction GALT Common Stock Options Exercise $600K +200K +1.99% $3.00 10.2M Sep 26, 2023 Direct
holding GALT Common Stock 27.7K Sep 26, 2023 By Ed Uihlein Family Foundation F1

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 GALT Common Stock Purchase Warrant (right to buy) Options Exercise $0 -1.47M -100% $0.00* 0 Sep 26, 2023 Common Stock 1.47M $5.00 Direct
transaction GALT Common Stock Purchase Warrant (right to buy) Options Exercise $0 -170K -34% $0.00 330K Sep 26, 2023 Common Stock 170K $5.00 Direct
transaction GALT Common Stock Purchase Warrant (right to buy) Options Exercise $0 -200K -100% $0.00* 0 Sep 26, 2023 Common Stock 200K $3.00 Direct
transaction GALT Common Stock Purchase Warrant (right to buy) Options Exercise $0 -200K -100% $0.00* 0 Sep 26, 2023 Common Stock 200K $3.26 Direct
transaction GALT Common Stock Purchase Warrant (right to buy) Options Exercise $0 -200K -100% $0.00* 0 Sep 26, 2023 Common Stock 200K $3.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is president and director of Ed Uihlein Family Foundation, a not-for-profit corporation. The reporting person has no pecuniary interest in the shares, however, he shares voting and dispositive power over the shares and, therefore, remains the beneficial owner of the shares solely for the purposes of Section 13(d) of the Securities Exchange Act of 1934.