Simon Calton - Sep 30, 2021 Form 4 Insider Report for CORETEC GROUP INC. (CRTG)

Role
Director, 10%+ Owner
Signature
/s/ Simon Calton
Stock symbol
CRTG
Transactions as of
Sep 30, 2021
Transactions value $
$0
Form type
4
Date filed
10/4/2021, 09:01 AM
Previous filing
Sep 8, 2021
Next filing
Oct 18, 2021

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 CRTG Option (right to buy) Disposed to Issuer $0 -2M -100% $0.00* 0 Sep 30, 2021 Common Stock 2M Direct F1
transaction CRTG Option (right to buy) Award $0 +2M $0.00 2M Sep 30, 2021 Common Stock 2M Direct F2
transaction CRTG Option (right to buy) Award $0 +3M +150% $0.00 5M Sep 30, 2021 Common Stock 3M Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 30, 2021, the board of directors of The Coretec Group, Inc. (the "Company") authorized the cancellation of 2,000,000 options to purchase shares of the Company's common stock, par value $0.0002 per share ("Common Stock") that were issued on April 7, 2021. The options had an exercise price equal to $0.15 per share.
F2 On September 30, 2021, the board of directors of the Company, as incentive compensation, granted Mr. Calton options to purchase 2,000,000 shares of Common Stock. The options became fully vested on the date of grant and have an expiration date of September 30, 2026. The options have an exercise price equal to $0.105 per share.
F3 On September 30, 2021, the board of directors of the Company, as incentive compensation, granted Mr. Calton options to purchase 3,000,000 shares of Common Stock. The options became fully vested on the date of grant and have an expiration date of September 30, 2026. The options have an exercise price equal to $0.105 per share.