Michael R. Guzzetta - 13 Apr 2021 Form 4 Insider Report for ProtoKinetix, Inc. (PKTX)

Role: CFO
Signature: /s/ Michael R. Guzzetta
Issuer symbol: PKTX
Transactions as of: 13 Apr 2021
Transactions value $: $46,264
Form type: 4
Filing time: 28 Jun 2021, 18:46:21 UTC
Next filing: 06 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PKTX	Common Stock	Options Exercise	$38,888	+555,556	+321%	$0.07	728,869	13 Apr 2021	Direct
transaction	PKTX	Common Stock	Tax liability	$13,611	+194,444	+36%	$0.07	728,869	13 Apr 2021	Direct	F1
transaction	PKTX	Common Stock	Sale	-$475	-2,500	-0.34%	$0.19^*	726,369	21 Apr 2021	Direct
transaction	PKTX	Common Stock	Sale	-$2,449	-11,500	-1.6%	$0.213^*	714,869	22 Apr 2021	Direct	F2
transaction	PKTX	Common Stock	Sale	-$2,964	-12,000	-1.7%	$0.247^*	702,869	26 Apr 2021	Direct	F3
transaction	PKTX	Common Stock	Sale	-$348	-1,500	-0.21%	$0.232^*	701,369	27 Apr 2021	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
transaction	PKTX	Stock Option	Options Exercise	$0	-750,000	-100%	$0^*	0	13 Apr 2021	Common Stock	750,000	$0.07	Direct	F4
holding	PKTX	Stock Option						3,500,000	13 Apr 2021	Common Stock	3,500,000	$0.12	Direct	F5
holding	PKTX	Stock Option						4,000,000	13 Apr 2021	Common Stock	4,000,000	$0.11	Direct	F6
holding	PKTX	Stock Option						4,000,000	13 Apr 2021	Common Stock	4,000,000	$0.09	Direct	F7

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

Explanation of Responses:

Id	Content
F1	Represents a "net exercise" of outstanding vested stock options. These shares were withheld by the Company for payment of the exercise price and applicable taxes, based on the market price of the Company common stock on April 13, 2021 of $0.27.
F2	This transaction was executed in multiple trades at prices ranging from $0.20 to $0.215. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3	This transaction was executed in multiple trades at prices ranging from $0.24 to $0.25. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4	Options exercised pursuant to 2017 Stock Option and Stock Bonus Plan.
F5	Options issued pursuant to the Company's Amended 2017 Stock Option and Stock Bonus Plan on June 12, 2020. Fully vested.
F6	Options issued pursuant to the Company's Amended 2017 Stock Option and Stock Bonus Plan on November 18, 2019. 1,000,000 shares of common stock vest on February 18, 2020; thereafter 1,000,000 shares vest every three months until fully vested on November 18, 2020.
F7	Options issued pursuant to the Amended 2017 Stock Option and Stock Bonus Plan on November 9, 2018. 1,000,000 shares of common stock vest March 31, 2019; thereafter 1,000,000 shall vest every three months until fully vested on December 31, 2019.