Form 4 for PTN PALATIN TECHNOLOGIES INC
Accepted 2024-07-16 00:00:00 ET · period of report 2024-07-15 · accession 0001654954-24-009002 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-07-16 | 2024-07-15 | PTN | Hull Joseph Stanley | Dir | A - Grant | $0.00 | +12.0K | 42.3K | +40% | $0 |
| D | 2024-07-16 | 2023-07-15 | PTN | Hull Joseph Stanley | Dir | A - Grant | $0.00 | +17.0K | 57.8K | +42% | $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 | 2024-07-15 | A | A | 12,000 | $0.00 | 42,272 | D | — | — | (F1) Restricted share units granted under the 2011 Stock Incentive Plan, each of which represents the right to receive, without further payment, one share of common stock. The restricted share units vest on June 4, 2025. The restricted share units were granted by the Compensation Committee on June 4, 2024, which grant was subject to certification by the Chief Financial Officer that the shareholders had increased the shares reserved under the 2011 Stock Incentive Plan, and that there were no impediments to the grant of the options. The required certification was made on July 15, 2024. |
| 2 | Derivative | Stock Option (Right to Buy) | 2023-07-15 | A | A | 17,000 | $0.00 | 57,780 | D | $1.83 · 2025-06-04 to 2034-06-04 | 17,000 Common Stock | (F2) The option vests on June 4, 2025, and in the event that the director does not serve until June 30, 2025, is prorated based on the period of service at the rate of 1/12 per month on the last day of each month, starting on July 31, 2024. The options were granted by the Compensation Committee on June 4, 2024, which grant was subject to certification by the Chief Financial Officer that the shareholders had increased the shares reserved under the 2011 Stock Incentive Plan, and that there were no impediments to the grant of the options. The required certification was made on July 15, 2024. |