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PKTX Protokinetix Inc (PK)

0.0111
-0.0019 (-14.62%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Protokinetix Inc (PK) USOTC:PKTX OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0019 -14.62% 0.0111 0.0111 0.012 0.015 0.0111 0.015 364,600 19:19:09

Statement of Changes in Beneficial Ownership (4)

27/03/2020 10:43pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

McDonough Edward P.
2. Issuer Name and Ticker or Trading Symbol

ProtoKinetix, Inc. [ PKTX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

1226 WASHINGTON AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)

3/26/2020
(Street)

PARKERSBURG, WV 26101
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option $0.06 3/26/2020  D     1000000   (1)8/31/2021 Common Stock 1000000 $0.00 0 D  
Stock Option $0.05 3/26/2020  D     1000000   (1)12/31/2020 Common Stock 1000000 $0.00 0 D  
Stock Option $0.14 3/26/2020  A   1000000     (2)3/25/2026 Common Stock 1000000 $0.00 1000000 D  
Stock Option $0.14 3/26/2020  A   1000000     (2)3/25/2026 Common Stock 1000000 $0.00 1000000 D  
Stock Option $0.11            (3)11/17/2024 Common Stock 1000000  1000000 D  
Stock Option $0.26            (4)7/14/2024 Common Stock 2000000  2000000 D  
Stock Option $0.26            (5)7/14/2024 Common Stock 1000000  1000000 D  
Stock Option $0.09            (6)11/8/2023 Common Stock 1000000  1000000 D  

Explanation of Responses:
(1) Cancelation of options with no value received.
(2) Options issued pursuant to the Company's Amended 2017 Stock Option and Stock Bonus Plan on March 26, 2020. Fully vested.
(3) Options issued pursuant to the Company's Amended 2017 Stock Option and Stock Bonus Plan on November 18, 2019. 250,000 shares of common stock vest on February 18, 2020; thereafter 250,000 shares vest every three months until fully vested on November 18, 2020.
(4) Options issued pursuant to the Company's Amended 2017 Stock Option and Stock Bonus Plan on July 15, 2019. 500,000 shares of common stock vest on October 13, 2019; thereafter 500,000 shares vest every three months until fully vested on July 13, 2020.
(5) Options issued pursuant to the Company's Amended 2017 Stock Option and Stock Bonus Plan on July 15, 2019. 250,000 shares of common stock vest on October 13, 2019; thereafter 250,000 shares vest every three months until fully vested on July 13, 2020.
(6) Options issued pursuant to the Company's Amended 2017 Stock Option and Stock Bonus Plan on November 9, 2018. 250,000 shares of common stock vest on March 31, 2019; thereafter 250,000 shares vest every three months until fully vested on December 31, 2019.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
McDonough Edward P.
1226 WASHINGTON AVENUE
PARKERSBURG, WV 26101
X



Signatures
/s/ Edward P. McDonough3/27/2020
**Signature of Reporting PersonDate

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