Joseph F. Mcguire - Jan 1, 2025 Form 3 Insider Report for NEXGEL, INC. (NXGL)

Role: Chief Financial Officer
Signature: /s/ Joseph F. McGuire
Stock symbol: NXGL
Transactions as of: Jan 1, 2025
Transactions value $: $0
Form type: 3
Date filed: 1/6/2025, 04:35 PM
Previous filing: Jun 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NXGL	Common Stock						4.08K	Jan 1, 2025	Direct

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
holding	NXGL	Stock Options (right to buy)							Jan 1, 2025	Common Stock	100K	$3.83	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This stock options were granted to the Reporting Person on January 2, 2025 in connection with his appointment as the Issuer's Chief Financial Officer. The stock options vests as follows: (i) 25,000 shares of Common Stock vest on September 1, 2025; and (ii) the remaining 75,000 shares of Common Stock vest equally per month on the last day of each month for thirty-six months beginning on October 31, 2025 (with 2,084 shares vesting per month and 2,060 shares vesting on month thirty-six due to rounding adjustments); provided the Reporting Person is employed on the applicable vesting date by the Issuer.

Content

This stock options were granted to the Reporting Person on January 2, 2025 in connection with his appointment as the Issuer's Chief Financial Officer. The stock options vests as follows: (i) 25,000 shares of Common Stock vest on September 1, 2025; and (ii) the remaining 75,000 shares of Common Stock vest equally per month on the last day of each month for thirty-six months beginning on October 31, 2025 (with 2,084 shares vesting per month and 2,060 shares vesting on month thirty-six due to rounding adjustments); provided the Reporting Person is employed on the applicable vesting date by the Issuer.