Hans T. Schambye - Jan 4, 2022 Form 4 Insider Report for Galecto, Inc. (GLTO)

Role
Chief Executive Officer, Director
Signature
/s/ Lori Firmani, attorney-in-fact
Stock symbol
GLTO
Transactions as of
Jan 4, 2022
Transactions value $
$0
Form type
4
Date filed
1/6/2022, 04:00 PM
Previous filing
Nov 10, 2021
Next filing
Mar 23, 2022

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 +288K $0.00 288K Jan 4, 2022 Common Stock 288K $3.24 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the shares subject to such option vested and became exercisable on January 4, 2023 and the remainder of the shares vest in substantially equal monthly installments for a period of 36 months thereafter, subject to the Reporting Person's continuous service to the Issuer on each such date.