Carl Spana - Jul 30, 2024 Form 4 Insider Report for PALATIN TECHNOLOGIES INC (PTN)

Role: President and CEO, Director
Signature: /s/ Carl Spana
Stock symbol: PTN
Transactions as of: Jul 30, 2024
Transactions value $: -$45,689
Form type: 4
Date filed: 7/31/2024, 04:31 PM
Previous filing: Jul 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PTN	Common Stock	Tax liability	-$4.24K	-2.33K	-0.82%	$1.82	284K	Jul 30, 2024	Direct	F1
transaction	PTN	Common Stock	Tax liability	-$5.37K	-2.95K	-1.04%	$1.82	281K	Jul 30, 2024	Direct	F2
transaction	PTN	Common Stock	Tax liability	-$4.8K	-2.54K	-0.91%	$1.89	278K	Jul 30, 2024	Direct	F3
transaction	PTN	Common Stock	Tax liability	-$3.87K	-2.05K	-0.74%	$1.89	276K	Jul 30, 2024	Direct	F4
transaction	PTN	Common Stock	Tax liability	-$3.1K	-1.64K	-0.59%	$1.89	274K	Jul 30, 2024	Direct	F5
transaction	PTN	Common Stock	Tax liability	-$3.62K	-1.92K	-0.7%	$1.89	272K	Jul 30, 2024	Direct	F6
transaction	PTN	Common Stock	Tax liability	-$11.2K	-5.95K	-2.18%	$1.88	267K	Jul 30, 2024	Direct	F7
transaction	PTN	Common Stock	Tax liability	-$9.51K	-5.06K	-1.9%	$1.88	261K	Jul 30, 2024	Direct	F8

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

Explanation of Responses:

Id	Content
F1	Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended July 30, 2024, with the per share value determined as of June 16, 2024, the date of vesting. The grant of the underlying 6,465 time-based restricted share units which vested on June 16, 2024, with one-half the total shares reported on Form 4 filed on June 18, 2020, and the remaining one-half of the total shares reported on Form 4 filed on June 25, 2020.
F2	Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended July 30, 2024, with the per share value determined as of June 16, 2024, the date of vesting. The grant and vesting of the underlying 8,185 restricted share units was reported on Form 4 filed on July 16, 2024, with a transaction date of June 4, 2024.
F3	Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended July 30, 2024, with the per share value determined as of June 22, 2024, the date of vesting. The grant of the underlying 7,045 time-based restricted share units, which vested on June 22, 2024, was reported on Form 4 filed on June 24, 2021.
F4	Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended July 30, 2024, with the per share value determined as of June 22, 2024, the date of vesting. The grant and vesting of the underlying 5,673 restricted share units was reported on Form 4 filed on July 16, 2024, with a transaction date of June 4, 2024.
F5	Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended July 30, 2024, with the per share value determined as of June 22, 2024, the date of vesting. The grant of the underlying 4,550 time-based restricted share units which vested on June 22, 2024 was reported on Form 4 filed on June 24, 2022.
F6	Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended July 30, 2024, with the per share value determined as of June 22, 2024, the date of vesting. The grant and vesting of the underlying 5,318 restricted share units was reported on Form 4 filed on July 16, 2024, with a transaction date of June 4, 2024.
F7	Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended July 30, 2024, with the per share value determined as of June 20, 2024, the date of vesting. The grant of the underlying 16,500 time-based restricted share units which vested on June 20, 2024, was reported on Form 4 filed on June 22, 2023.
F8	Shares withheld by the issuer, on election of the Reporting Person with the consent of the issuer, to pay employee withholding taxes. Such taxes were withheld and reported for the payroll in the period ended July 30, 2024, with the per share value determined as of June 22, 2024, the date of vesting. The grant and vesting of the underlying 14,025 restricted share units was reported on Form 4 filed on July 16, 2024, with a transaction date of June 4, 2024.