Form 4 for SXTP 60 DEGREES PHARMACEUTICALS, INC.
Accepted 2024-05-21 00:00:00 ET · period of report 2023-11-21 · accession 0001213900-24-045705 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-05-21 | 2024-04-12+ | SXTP | DOW GEOFFREY S | Pres, CEO, Dir | M - OptEx | $0.26 | +85.0K | 745.6K | +13% | +$22.1K |
| DM | 2024-05-21 | 2024-04-12+ | SXTP | DOW GEOFFREY S | Pres, CEO, Dir | M - OptEx | $0.00 | -85.0K | 17.0K | -83% | $0 |
| D | 2024-05-21 | 2023-11-21 | SXTP | DOW GEOFFREY S | Pres, CEO, Dir | A - Grant | $0.00 | +85.0K | 85.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-05-16 | M | A | 17,000 | $0.22 | 762,625 | D | — | — | (F2) 17,000 shares underlying the RSUs were settled on May 16, 2024 (the "5/24 Shares"). Geoffrey Dow owned 78,482 shares of common stock and through the Dow Trust owned 667,143 shares of common stock immediately prior to the issuance of the 5/24 Shares. As of May 16, 2024, Geoffrey Dow owned a total of 762,625 shares of common stock, consisting of (i) 95,482 shares of common stock held in the name of Geoffrey Dow and (ii) 667,143 shares of common stock held by the Dow Trust. (F1) Geoffrey Dow was granted a total of 85,000 restricted stock units ("RSUs") on November 21, 2023 that were fully vested as of the grant date. 68,000 shares underlying the RSUs were settled on April 12, 2024 (the "4/24 Shares"). Geoffrey Dow owned 10,482 shares of common stock and through the Geoffrey S. Dow Revocable Trust (the "Dow Trust"), as trustee and having control over the voting and disposition of the shares of common stock held by the Dow Trust, owned 667,143 shares of common stock immediately prior to the issuance of the 4/24 Shares. As of April 12, 2024, Geoffrey Dow owned a total of 745,625 shares of common stock, consisting of (i) 78,482 shares of common stock held in the name of Geoffrey Dow and (ii) 667,143 shares of common stock held by the Dow Trust. |
| 2 | Common | Common Stock | 2024-04-12 | M | A | 68,000 | $0.27 | 745,625 | D | — | — | (F1) Geoffrey Dow was granted a total of 85,000 restricted stock units ("RSUs") on November 21, 2023 that were fully vested as of the grant date. 68,000 shares underlying the RSUs were settled on April 12, 2024 (the "4/24 Shares"). Geoffrey Dow owned 10,482 shares of common stock and through the Geoffrey S. Dow Revocable Trust (the "Dow Trust"), as trustee and having control over the voting and disposition of the shares of common stock held by the Dow Trust, owned 667,143 shares of common stock immediately prior to the issuance of the 4/24 Shares. As of April 12, 2024, Geoffrey Dow owned a total of 745,625 shares of common stock, consisting of (i) 78,482 shares of common stock held in the name of Geoffrey Dow and (ii) 667,143 shares of common stock held by the Dow Trust. |
| 3 | Derivative | Restricted Stock Units | 2024-05-16 | M | D | 17,000 | $0.00 | 0 | D | $0.00 · — to — | 17,000 Common Stock | (F5) 17,000 shares underlying the RSUs were settled as of May 16, 2024. After the settlement of the shares of common stock that were underlying the 17,000 RSUs, Geoffrey Dow did not own any RSUs. (F3) Geoffrey Dow was granted a total of 85,000 restricted stock units on November 21, 2023 that were fully vested as of the grant date. Each RSU represents the right to receive, at settlement, one share of common stock. |
| 4 | Derivative | Restricted Stock Units | 2024-04-12 | M | D | 68,000 | $0.00 | 17,000 | D | $0.00 · — to — | 68,000 Common Stock | (F4) 68,000 shares underlying the RSUs were settled on April 12, 2024. After the settlement of the shares of common stock that were underlying the 68,000 RSUs, Geoffrey Dow owned a total of 17,000 RSUs. (F3) Geoffrey Dow was granted a total of 85,000 restricted stock units on November 21, 2023 that were fully vested as of the grant date. Each RSU represents the right to receive, at settlement, one share of common stock. |
| 5 | Derivative | Restricted Stock Units | 2023-11-21 | A | A | 85,000 | $0.00 | 85,000 | D | $0.00 · — to — | 85,000 Common Stock | (F3) Geoffrey Dow was granted a total of 85,000 restricted stock units on November 21, 2023 that were fully vested as of the grant date. Each RSU represents the right to receive, at settlement, one share of common stock. |