Dr. Tiago Reis Marques - 20 Dec 2021 Form 4 Insider Report for Pasithea Therapeutics Corp. (KTTA)

Signature
/s/ Dr. Tiago Reis Marques
Issuer symbol
KTTA
Transactions as of
20 Dec 2021
Net transactions value
$0
Form type
4
Filing time
22 Dec 2021, 16:00:09 UTC
Previous filing
14 Sep 2021
Next filing
23 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTTA Common Stock Award $0 +200,000 +33% $0.000000 800,000 20 Dec 2021 Direct 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 KTTA Stock Option (to acquire Common Stock) Award $0 +200,000 $0.000000 200,000 20 Dec 2021 Common Stock 200,000 $1.44 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted Restricted Stock Units which shall vest into common stock of the Company over three years, subject to Dr. Marques remaining employed and in good standing, one-third vesting 12 months after the grant date, and the remainder vesting in equal tranches quarterly for two years thereinafter.
F2 The Reporting Person was granted 200,000 stock options. The stock options have a ten-year term and vest over three years, subject to Dr. Marques remaining employed and in good standing, one-third vesting 12 months after the grant date, and the remainder vesting in equal tranches quarterly for two years thereinafter.