Sec Form 4 Filing - Young Lachlan Grant @ ProtoKinetix, Inc. - 2019-07-15

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Young Lachlan Grant
2. Issuer Name and Ticker or Trading Symbol
ProtoKinetix, Inc. [ PKTX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
66438 ROSEBERY AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
07/15/2019
(Street)
WEST VANCOUVER BC, A1V7W 2C6
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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
Common Stock ( 1 ) 10,021,250 D
Common Stock ( 1 ) 1,125,600 I See footnote ( 2 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant $ 0.1 07/15/2019 D 6,000,000 ( 3 ) 04/22/2020 Common Stock 6,000,000 $ 0 0 D
Stock Option $ 0.04 07/15/2019 D 5,000,000 ( 4 ) 02/28/2020 Common Stock 5,000,000 $ 0 0 D
Stock Option $ 0.08 07/15/2019 D 5,000,000 ( 5 ) 12/31/2019 Common Stock 5,000,000 $ 0 0 D
Warrant $ 0.26 07/15/2019 A 6,000,000 07/15/2019 07/14/2024 Common Stock 6,000,000 $ 0 6,000,000 D
Stock Option $ 0.26 07/15/2019 A 5,000,000 ( 6 ) 07/14/2024 Common Stock 5,000,000 $ 0 5,000,000 D
Stock Option $ 0.26 07/15/2019 A 5,000,000 ( 6 ) 07/14/2024 Common Stock 5,000,000 $ 0 5,000,000 D
Stock Option $ 0.11 11/18/2019 A 5,000,000 ( 7 ) 11/17/2024 Common Stock 5,000,000 $ 0 5,000,000 D
Stock Opton $ 0.09 ( 8 ) 11/08/2023 Common Stock 5,000,000 5,000,000 D
Stock Option $ 0.06 ( 9 ) 08/31/2021 Common Stock 5,000,000 5,000,000 D
Stock Option $ 0.05 ( 10 ) 12/31/2020 Common Stock 5,000,000 5,000,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Young Lachlan Grant
66438 ROSEBERY AVENUE
WEST VANCOUVER BC, A1V7W 2C6
X
Signatures
/s/ Lachlan Grant Young 11/24/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )A total of 4,296,850 shares were inadvertently omitted from prior Section 16 reports; 3,171,250 owned by Mr. Young directly, and 1,125,600 owned by his wife.
( 2 )Owned by Mr. Young's wife.
( 3 )Cancellation of warrant with no value received.
( 4 )Cancellation of option with no value received. Options issued pursuant to the 2015 Stock Option and Stock Bonus Plan on March 1, 2015. 1,250,000 shares of common stock vested March 1, 2015; thereafter 1,250,000 vested every three months and became fully vested on December 1, 2015
( 5 )Cancellation of option with no value received. Options issued pursuant to the 2015 Stock Option and Stock Bonus Plan on January 1, 2016. 1,250,000 shares of common stock vested on March 31, 2016; thereafter 1,250,000 shares vested every three months and became fully vested on December 31, 2016.
( 6 )Options issued pursuant to the Company's Amended 2017 Stock Option and Stock Bonus Plan on July 15, 2019. 1,250,000 shares of common stock vest o n October 13, 2019; thereafter 1,250,000 shares vest every three months.
( 7 )Options issued pursuant to the Company's Amended 2017 Stock Option and Stock Bonus Plan on November 18, 2019. 1,250,000 shares of common stock vest on February 18, 2020; thereafter 1,250,000 shares vest every three months until fully vested.
( 8 )Options issued pursuant to the Amended 2017 Stock Option and Stock Bonus Plan on November 9, 2018. 1,250,000 shares of common stock vest March 31, 2019; thereafter 1,250,000 shall vest every three months.
( 9 )Options issued pursuant to the 2017 Stock Option and Stock Bonus Plan on September 1, 2017. 1,250,000 shares of common stock vested on December 31, 2017; thereafter 1,250,000 vested every three months and became fully vested on September 30, 2018.
( 10 )Options issued pursuant to the 2017 Stock Option and Stock Bonus Plan on January 1, 2017. 1,250,000 shares of common stock vested March 31, 2017; thereafter 1,250,000 vested every three months and became fully vested on December 31, 2017.

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