Michael C James - 09 Jul 2024 Form 4 Insider Report for GUIDED THERAPEUTICS INC (GTHP)

Role
Director
Signature
/s/ Michael C. James
Issuer symbol
GTHP
Transactions as of
09 Jul 2024
Net transactions value
$0
Form type
4
Filing time
09 Sep 2024, 10:35:35 UTC
Previous filing
06 Jun 2024
Next filing
17 Jul 2024
SEC
View on sec.gov

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 GTHP Stock Options Award $0 +100,000 +67% $0.000000 250,000 09 Jul 2024 Common Stock 100,000 $0.1200 Direct F1
transaction GTHP Warrants Other +25,000 25,000 02 Aug 2024 Common Stock 25,000 $0.2500 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-fourth of the shares subject to the award vested on July 9, 2024; the remaining shares will vest monthly, starting on October 9, 2024, subject to the reporting person's continued service on each such date, until the award is fully vested on July 8, 2027.
F2 On August 2, 2024, the Company issued a $25,000 note payable to Mr. James. In conjunction with the note, the Company also issued four-year warrants to purchase an aggregate of 25,000 shares of Common Stock at $0.25 per share.