Charles J. Casamento - 16 Jun 2023 Form 4 Insider Report for GT Biopharma, Inc. (GTBP)

Role
Director
Signature
/s/ Charles J. Casamento
Issuer symbol
GTBP
Transactions as of
16 Jun 2023
Net transactions value
$0
Form type
4
Filing time
21 Jun 2023, 19:58:43 UTC
Previous filing
30 May 2023
Next filing
05 Sep 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 GTBP Option to purchase Common Stock Award $0 +500,000 $0.000000 500,000 16 Jun 2023 Common Stock 500,000 $0.3500 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/12th of the shares vest on the monthly anniversary of May 1, 2023 until fully vested, subject to full acceleration in the event the reporting person is not re-elected to the board of directors or is removed from the board of directors other than for misconduct.