Tyrone Miller - 21 Nov 2023 Form 4 Insider Report for 60 DEGREES PHARMACEUTICALS, INC. (SXTP)

Role
CFO
Signature
/s/ Tyrone Miller
Issuer symbol
SXTP
Transactions as of
21 Nov 2023
Net transactions value
+$19,353
Form type
4
Filing time
21 May 2024, 20:22:13 UTC
Previous filing
12 Jul 2023
Next filing
24 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SXTP Common Stock Award $16,008 +60,000 +59% $0.2668 161,928 12 Apr 2024 Direct F1
transaction SXTP Common Stock Award $3,345 +15,000 +9.3% $0.2230 176,928 16 May 2024 Direct F2

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 SXTP Restricted Stock Units Award $0 +75,000 $0.000000 75,000 21 Nov 2023 Common Stock 75,000 $0.000000 Direct F3
transaction SXTP Restricted Stock Units Options Exercise $0 -60,000 -80% $0.000000 15,000 12 Apr 2024 Common Stock 60,000 $0.000000 Direct F3, F4
transaction SXTP Restricted Stock Units Options Exercise $0 -15,000 -100% $0.000000* 0 16 May 2024 Common Stock 15,000 $0.000000 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Tyrone Miller was granted a total of 75,000 restricted stock units ("RSUs") on November 21, 2023 that were fully vested as of the grant date. 60,000 shares underlying the RSUs were settled on April 12, 2024 (the "4/24 Shares"). Tyrone Miller owned 101,928 shares of common stock immediately prior to the issuance of the 4/24 Shares. As of April 12, 2024, Tyrone Miller owned a total of 161,928 shares of common stock.
F2 15,000 shares underlying the RSUs were settled on May 16, 2024 (the "5/24 Shares"). Tyrone Miller owned 161,928 shares of common stock immediately prior to the issuance of the 5/24 Shares. As of May 16, 2024, Tyrone Miller owned a total of 176,928 shares of common stock.
F3 Tyrone Miller was granted a total of 75,000 restricted stock units on November 21, 2023 that were fully vested as of the grant date. Each RSU represents the right to receive, at settlement, one share of common stock.
F4 60,000 shares underlying the RSUs were settled on April 12, 2024. After the settlement of the shares of common stock that were underlying the 60,000 RSUs, Tyrone Miller owned a total of 15,000 RSUs.
F5 15,000 shares underlying the RSUs were settled as of May 16, 2024. After the settlement of the shares of common stock that were underlying the 15,000 RSUs, Tyrone Miller did not own any RSUs.