Kappers Matthew Joseph - 27 Oct 2023 Form 4 Insider Report for CORETEC GROUP INC. (CRTG)

Signature
/s/ Matthew J. Kappers
Issuer symbol
CRTG
Transactions as of
27 Oct 2023
Transactions value $
$0
Form type
4
Filing time
31 Oct 2023, 18:43:10 UTC
Previous filing
21 Aug 2023
Next filing
07 Jun 2024

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 CRTG Option (right to buy) Award $0 +5M $0.00 5M 27 Oct 2023 Common Stock 5M $0.02 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 27, 2023, the board of directors of The Coretec Group, Inc. (the "Company"), as incentive compensation, granted Mr. Kappers options to purchase 5,000,000 shares of Common Stock. The options became fully vested on the date of grant and have an expiration date of October 27, 2028. The options have an exercise price equal to $0.0225 per share.