Michael A. Kraft - 30 Sep 2021 Form 4 Insider Report for CORETEC GROUP INC.

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
04 Oct 2021, 09:03:07 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael A. Kraft

Key filing fact

Michael A. Kraft filed Form 4 for CORETEC GROUP INC. on 04 Oct 2021.

Key facts

  • This page summarizes Michael A. Kraft's Form 4 filing for CORETEC GROUP INC..
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 04 Oct 2021, 09:03.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CRTG transaction Derivative

Option (right to buy)

Disposed to Issuer

Transaction value
$0
Shares
-4,000,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
30 Sep 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,000,000
Exercise price
Footnotes
F1
CRTG transaction Derivative

Option (right to buy)

Award

Transaction value
$0
Shares
+4,000,000
Change %
Price
$0.000000
Shares after
4,000,000
Date
30 Sep 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,000,000
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On September 30, 2021, the board of directors of The Coretec Group, Inc. (the "Company") authorized the cancellation of 4,000,000 options to purchase shares of the Company's common stock, par value $0.0002 per share ("Common Stock") that were issued on April 7, 2021. The options had an exercise price equal to $0.15 per share.

Footnote F2

On September 30, 2021, the board of directors of the Company, as incentive compensation, granted Mr. Kraft options to purchase 4,000,000 shares of Common Stock. The options became fully vested on the date of grant and have an expiration date of September 30, 2026. The options have an exercise price equal to $0.105 per share.

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