4//SEC Filing
Christgau Stephan 4
Accession 0000899243-20-030410
CIK 0001800315other
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 8:00 PM ET
Size
9.9 KB
Accession
0000899243-20-030410
Insider Transaction Report
Form 4
Galecto, Inc.GLTO
Christgau Stephan
Director
Transactions
- Conversion
Series D Preferred Stock
2020-11-02−184,433→ 0 total(indirect: See footnote)→ Common Stock (479,470 underlying) - Purchase
Common Stock
2020-11-02$15.00/sh+66,666$999,990→ 546,136 total(indirect: See footnote) - Conversion
Common Stock
2020-11-02+479,470→ 479,470 total(indirect: See footnote)
Footnotes (3)
- [F1]These shares are held by Eir Ventures I AB ("Eir Ventures").
- [F2]The Reporting Person is a founding partner of Eir Ventures Partners AB, the General Partner/Manager of Eir Ventures, and shares voting and dispositive power with respect to the shares held by Eir Ventures. Dr. Christgau disclaims beneficial ownership of such securities, except to the extent of his indirect pecuniary interest therein.
- [F3]The Series D Preferred Stock (the "Preferred Stock") was convertible at any time at the holder's election and automatically upon the closing of the Issuer's initial public offering. The Preferred Stock converted into Common Stock at a ratio of 2.59970:1 upon the closing of the Issuer's initial public offering without payment of additional consideration. The Preferred Stock had no expiration date.
Documents
Issuer
Galecto, Inc.
CIK 0001800315
Entity typeother
Related Parties
1- filerCIK 0001360578
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 8:00 PM ET
- Size
- 9.9 KB