Garo H. Armen - 25 Mar 2024 Form 4 Insider Report for Protagenic Therapeutics, Inc.\new (PTIX)

Signature
/s/ Garo H. Armen
Issuer symbol
PTIX
Transactions as of
25 Mar 2024
Net transactions value
+$435,000
Form type
4
Filing time
29 Mar 2024, 21:29:14 UTC
Previous filing
25 Mar 2024
Next filing
08 Apr 2024

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 PTIX PTIX Common stock Options Award $435,000 +250,000 $1.74 250,000 25 Mar 2024 PTIX Common Stock, Par Value $0.0001 250,000 $1.74 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Remarks:

The options vest monthly over 36 months, commencing upon the date of grant, with full acceleration upon a change of control.