Matthew L. Hoffman - Oct 14, 2022 Form 4 Insider Report for CORETEC GROUP INC. (CRTG)

Role
CFO and COO
Signature
/s/ Matthew Hoffiman
Stock symbol
CRTG
Transactions as of
Oct 14, 2022
Transactions value $
$0
Form type
4
Date filed
10/18/2022, 08:55 AM
Previous filing
Oct 4, 2021
Next filing
Jun 21, 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 CRTG Option (right to buy) Award $0 +5M $0.00 5M Oct 14, 2022 Common Stock 5M $0.03 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 14, 2022, the board of directors of The Coretec Group, Inc. (the "Company"), as incentive compensation, granted Mr. Hoffman options to purchase 5,000,000 shares of Common Stock. The options became fully vested on the date of grant and have an expiration date of October 14, 2027. The options have an exercise price equal to $0.0277 per share.