REICHMAN DAVID I 4
4 · GLOBAL TECH INDUSTRIES GROUP, INC. · Filed May 9, 2023
Insider Transaction Report
Form 4
REICHMAN DAVID I
DirectorChairman10% Owner
Transactions
- Award
Common Stock
2022-12-29$1.50/sh+21,288,187$31,932,281→ 60,075,106 total
Footnotes (2)
- [F1]Shares of Common Stock granted and approved by Global Tech Industries Group, Inc.'s Board of Directors in accordance with Rule 16b-3(d)(1) of the Securities Exchange Act of 1934 (the "Act"), and as such, the sale is exempt from section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated thereunder.
- [F2]The cost basis for the issuances is $1.50, which was the closing price on December 29, 2022.