CHERYL XU - 16 May 2024 Form 4 Insider Report for 60 DEGREES PHARMACEUTICALS, INC. (SXTP)

Role
Director
Signature
/s/ Cheryl Xu
Issuer symbol
SXTP
Transactions as of
16 May 2024
Net transactions value
+$446
Form type
4
Filing time
21 May 2024, 20:23:34 UTC
Previous filing
02 Feb 2024
Next filing
11 Sep 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 Options Exercise $446 +2,000 +0.88% $0.2230 228,934 16 May 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 Restricted Stock Unit Options Exercise $0 -2,000 -100% $0.000000* 0 16 May 2024 Common Stock 2,000 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the settlement of restricted stock units in shares of common stock on May 16, 2024.
F2 A total of 8,000 restricted stock units ("RSUs") were initially granted to Ms. Xu on July 11, 2023, of which were subsequently modified to 4,000 RSUs and fully vested as of December 31, 2023. Each RSU represents the right to receive, at settlement, one share of common stock.