CHERYL XU - 31 Jan 2024 Form 4 Insider Report for 60 DEGREES PHARMACEUTICALS, INC. (SXTP)

Role
Director
Signature
/s/ Cheryl Xu
Issuer symbol
SXTP
Transactions as of
31 Jan 2024
Net transactions value
+$77,000
Form type
4
Filing time
02 Feb 2024, 15:31:40 UTC
Previous filing
11 Jul 2023
Next filing
21 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SXTP Common Stock Purchase $75,000 +200,000 +89% $0.3750 424,934 31 Jan 2024 Direct
transaction SXTP Common Stock Options Exercise +2,000 +50% 6,000 01 Feb 2024 Direct 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 SXTP Warrant Purchase $2,000 +200,000 $0.0100* 200,000 31 Jan 2024 Common Stock 200,000 $0.4235 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ms. Xu was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. A total of 8,000 RSUs were granted to Ms. Xu on July 11, 2023 and vest in equal quarterly installments for a period of 12 months. As of the date of this filing, a total of 6,000 RSUs have vested.