Richard E. Uihlein - 26 Sep 2023 Form 4 Insider Report for GALECTIN THERAPEUTICS INC (GALT)

Role: Director, 10%+ Owner
Signature: Jack W. Callicutt, by power of attorney
Issuer symbol: GALT
Transactions as of: 26 Sep 2023
Net transactions value: +$10,033,020
Form type: 4
Filing time: 27 Sep 2023, 15:03:15 UTC
Previous filing: 30 Jan 2023
Next filing: 07 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GALT	Common Stock	Options Exercise	$7,331,020	+1,466,204	+18%	$5.00	9,466,495	26 Sep 2023	Direct
transaction	GALT	Common Stock	Options Exercise	$850,000	+170,000	+1.8%	$5.00	9,635,495	26 Sep 2023	Direct
transaction	GALT	Common Stock	Options Exercise	$600,000	+200,000	+2.1%	$3.00	9,835,495	26 Sep 2023	Direct
transaction	GALT	Common Stock	Options Exercise	$652,000	+200,000	+2%	$3.26	10,035,495	26 Sep 2023	Direct
transaction	GALT	Common Stock	Options Exercise	$600,000	+200,000	+2%	$3.00	10,235,495	26 Sep 2023	Direct
holding	GALT	Common Stock						27,710	26 Sep 2023	By Ed Uihlein Family Foundation	F1

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	GALT	Common Stock Purchase Warrant (right to buy)	Options Exercise	$0	-1,466,204	-100%	$0.000000^*	0	26 Sep 2023	Common Stock	1,466,204	$5.00	Direct
transaction	GALT	Common Stock Purchase Warrant (right to buy)	Options Exercise	$0	-170,000	-34%	$0.000000	330,000	26 Sep 2023	Common Stock	170,000	$5.00	Direct
transaction	GALT	Common Stock Purchase Warrant (right to buy)	Options Exercise	$0	-200,000	-100%	$0.000000^*	0	26 Sep 2023	Common Stock	200,000	$3.00	Direct
transaction	GALT	Common Stock Purchase Warrant (right to buy)	Options Exercise	$0	-200,000	-100%	$0.000000^*	0	26 Sep 2023	Common Stock	200,000	$3.26	Direct
transaction	GALT	Common Stock Purchase Warrant (right to buy)	Options Exercise	$0	-200,000	-100%	$0.000000^*	0	26 Sep 2023	Common Stock	200,000	$3.00	Direct

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

Explanation of Responses:

Id	Content
F1	The reporting person is president and director of Ed Uihlein Family Foundation, a not-for-profit corporation. The reporting person has no pecuniary interest in the shares, however, he shares voting and dispositive power over the shares and, therefore, remains the beneficial owner of the shares solely for the purposes of Section 13(d) of the Securities Exchange Act of 1934.