David Stefansky - 30 May 2023 Form 4 Insider Report for NEXGEL, INC. (NXGL)

Role
Director
Signature
/s/ David Stefansky
Issuer symbol
NXGL
Transactions as of
30 May 2023
Net transactions value
+$17,490
Form type
4
Filing time
01 Jun 2023, 08:30:36 UTC
Previous filing
19 Dec 2022
Next filing
09 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXGL Common Stock Purchase $12,650 +5,000 +12% $2.53 45,091 30 May 2023 Direct F1
transaction NXGL Common Stock Purchase $4,840 +2,000 +4.4% $2.42 47,091 31 May 2023 Direct F2
holding NXGL Common Stock 178,572 30 May 2023 By Bezalel Partners LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average of open market purchase transactions ranging from $2.40 to $2.65 per share. The Reporting Person undertakes to provide full information regarding the number of shares purchased at each separate price paid if requested by the Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.
F2 The Reporting Person purchased all 2,000 shares of common stock in the open market at a price of $2.42 per share.
F3 Represents shares of common stock held by Bezalel Partners LLC ("Bezalel"). The Reporting Person is the managing member of Bezalel and has the sole power to vote and direct the voting of, and to dispose and to direct the disposition of, the shares of common stock beneficially owned by Bezalel.