Filing Details

Accession Number:
0000899243-20-030410
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-11-04 20:00:09
Reporting Period:
2020-11-02
Accepted Time:
2020-11-04 20:00:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1800315 Galecto Inc. GLTO () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1360578 Stephan Christgau C/O Galecto, Inc.
Ole Maaloes Vej 3
Copenhagen N G7 DK-2200
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-11-02 479,470 $0.00 479,470 No 4 C Indirect See footnote
Common Stock Acquisiton 2020-11-02 66,666 $15.00 546,136 No 4 P Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See footnote
No 4 P Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series D Preferred Stock Disposition 2020-11-02 184,433 $0.00 479,470 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Indirect
Footnotes
  1. These shares are held by Eir Ventures I AB ("Eir Ventures").
  2. 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.
  3. 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.