David Stefansky - 30 Aug 2022 Form 4 Insider Report for NEXGEL, INC. (NXGL)

Role: Director
Signature: /s/ David Stefansky
Issuer symbol: NXGL
Transactions as of: 30 Aug 2022
Net transactions value: +$8,280
Form type: 4
Filing time: 31 Aug 2022, 09:00:42 UTC
Previous filing: 26 Aug 2022
Next filing: 13 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NXGL	Common Stock	Purchase	$8,280	+5,000	+22%	$1.66	27,591	30 Aug 2022	Direct	F1
holding	NXGL	Common Stock						178,572	30 Aug 2022	By Bezalel Partners LLC	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The $1.6560 represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.6400 to $1.6800. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote 1 to this Form 4.
F2	Represents shares of common stock held by Bezalel Partners LLC ("Bezalel"). The Reporting Person is the managing member of Bezalel and has the sole power to vote and direct the voting of, and to dispose and to direct the disposition of, the shares of common stock beneficially owned by Bezalel.

Content

The $1.6560 represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.6400 to $1.6800. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote 1 to this Form 4.

Represents shares of common stock held by Bezalel Partners LLC ("Bezalel"). The Reporting Person is the managing member of Bezalel and has the sole power to vote and direct the voting of, and to dispose and to direct the disposition of, the shares of common stock beneficially owned by Bezalel.