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

Role
CFO and COO
Signature
/s/ Matthew Hoffiman
Issuer symbol
CRTG on OTC
Transactions as of
14 Oct 2022
Net transactions value
$0
Form type
4
Filing time
18 Oct 2022, 08:55:24 UTC
Previous filing
04 Oct 2021
Next filing
21 Jun 2023
SEC
View on sec.gov

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 +5,000,000 $0.000000 5,000,000 14 Oct 2022 Common Stock 5,000,000 $0.0277 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.