David Reichman - Jun 1, 2023 Form 4 Insider Report for GLOBAL TECH INDUSTRIES GROUP, INC. (GTII)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ David Reichman
Stock symbol
GTII
Transactions as of
Jun 1, 2023
Transactions value $
-$32,368
Form type
4
Date filed
6/12/2023, 04:45 PM
Previous filing
May 9, 2023
Next filing
Jul 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTII Common Stock Sale -$32.4K -32.4K -0.05% $1.00 65.9M Jun 1, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold pursuant to a 10b5-1 trading plan.
F2 The shares were sold at a price of $1.00 per share.
F3 Share amounts reported in this Form 4 also reflect the Company's 10-for-1 stock split, which was effectuated in the form of a stock dividend that was paid on May 1, 2023 to stockholders of record at the close of business on May 1, 2023. The Company's stock began trading at the post-split price on May 2, 2023. The cost basis for the issuances was $1.46, which was the closing price on May 1, 2023.