4//SEC Filing
DOW GEOFFREY S 4
Accession 0001213900-24-045705
CIK 0001946563other
Filed
May 20, 8:00 PM ET
Accepted
May 21, 8:19 PM ET
Size
15.3 KB
Accession
0001213900-24-045705
Insider Transaction Report
Form 4
DOW GEOFFREY S
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2024-04-12$0.27/sh+68,000$18,142→ 745,625 total - Award
Restricted Stock Units
2023-11-21+85,000→ 85,000 totalExercise: $0.00→ Common Stock (85,000 underlying) - Exercise/Conversion
Restricted Stock Units
2024-05-16−17,000→ 0 totalExercise: $0.00→ Common Stock (17,000 underlying) - Exercise/Conversion
Common Stock
2024-05-16$0.22/sh+17,000$3,791→ 762,625 total - Exercise/Conversion
Restricted Stock Units
2024-04-12−68,000→ 17,000 totalExercise: $0.00→ Common Stock (68,000 underlying)
Footnotes (5)
- [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.
- [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.
- [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.
- [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.
- [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.
Documents
Issuer
60 DEGREES PHARMACEUTICALS, INC.
CIK 0001946563
Entity typeother
Related Parties
1- filerCIK 0001977231
Filing Metadata
- Form type
- 4
- Filed
- May 20, 8:00 PM ET
- Accepted
- May 21, 8:19 PM ET
- Size
- 15.3 KB