Jonathan Freve - 04 Jan 2023 Form 4 Insider Report for Galecto, Inc. (GLTO)

Signature
/s/ Lori Firmani, attorney-in-fact
Issuer symbol
GLTO
Transactions as of
04 Jan 2023
Net transactions value
$0
Form type
4
Filing time
05 Jan 2023, 15:00:29 UTC
Previous filing
06 Jan 2022
Next filing
05 Jan 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 +115,000 $0.000000 115,000 04 Jan 2023 Common Stock 115,000 $1.21 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, 2024 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.