Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-21-036509
Date:2021-05-26
Issuer: GALECTO, INC. (GLTO)
Original Submission Date:

Reporting Person:

KHUONG CHAU QUANG
C/O GALECTO, INC.
OLE MAALOES VEJ 3 COPENHAGEN N G7, G7 DK-2200

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK OPTION (RIGHT TO BUY) 4.93 2021-05-26 deemed execution date A 18,000 (a) 2031-05-25 common stock 18,000 $4.93 18,000 direct
Footnotes
IDfootnote
f1 pursuant to the issuer's non-employee director compensation policy, this option was automatically granted on may 26, 2021, the date of the issuer's 2021 annual meeting of stockholder, with shares subject to the option vesting in equal monthly installments until the first anniversary of the grant date. pursuant to an agreement with orbimed advisors llc, orbimed capital gp vii llc, orbimed advisors israel ii limited, and orbimed israel gp ii, l.p., the reporting person is obligated to transfer any securities issued under any such stock options or other awards, or the economic benefit thereof, to orbimed advisors llc, orbimed capital gp vii llc, orbimed advisors israel ii limited, and orbimed israel gp ii, l.p., which will in turn ensure that such securities or economic benefits are provided to orbimed private investments vii, l.p. and orbimed israel partners ii, l.p.

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