JOEL LEWIS - 23 Jan 2025 Form 4 Insider Report for GALECTIN THERAPEUTICS INC (GALT)

Signature
Jack W. Callicutt, by power of attorney
Issuer symbol
GALT
Transactions as of
23 Jan 2025
Net transactions value
$0
Form type
4
Filing time
27 Jan 2025, 16:06:25 UTC
Previous filing
26 Dec 2024
Next filing
05 Mar 2025

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 Stock Option (right to buy) Award $0 +91,000 $0.000000 91,000 23 Jan 2025 Common Stock 91,000 $1.23 Direct F1, F2
transaction GALT Restricted Stock Unit Award $0 +84,000 $0.000000 84,000 23 Jan 2025 Common Stock 84,000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options were issued pursuant to the Galectin Therapeutics, Inc. 2019 Omnibus Equity Incentive Plan.
F2 The options vest as follows: 25% on each of June 30, 2025; December 31, 2025; June 30, 2026; and December 31, 2026.
F3 The Restricted Stock Units, if vested, convert into Common Stock on a one for one basis.
F4 Restricted Stock Units vest upon the earlier of December 31, 2025 or signing a partnership agreement.