Graeme Currie - Mar 1, 2024 Form 4 Insider Report for Pasithea Therapeutics Corp. (KTTA)

Role
Chief Development Officer
Signature
/s/ Graeme Currie
Stock symbol
KTTA
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/1/2024, 09:45 PM
Previous filing
Jul 3, 2023

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 (right to buy) Award $0 +5.94K $0.00 5.94K Mar 1, 2024 Common Stock 5.94K $8.34 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option award (the "Option") was made in accordance with the terms of the Issuer's 2023 Stock Incentive Plan. The Option fully vested upon issuance and became exercisable on March 1, 2024.

Remarks:

On January 2, 2024, the Issuer effected a reverse stock split of its common stock, par value $0.0001 per share ("Common Stock"), at a ratio of 1-for-20 (the "Reverse Stock Split"). As a result of the Reverse Stock Split, the shares of Common Stock, and the exercise price and shares of Common Stock underlying outstanding equity awards, have been adjusted accordingly versus any amounts previously reported by the Reporting Person.