James C Katzaroff Form 4/A GlobeStar Therapeutics / JAMES C KATZAROFF ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

KATZAROFF JAMES C

(Last) (First) (Middle)

719 JADWIN AVE.

(Street)

RICHLAND WA 99352

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GlobeStar Therapeutics Corp [ GSTC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
CEO

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)
04/03/2023

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	04/03/2023	04/03/2023	J(1)		7,042,253	A	$0.0071	17,042,253	D

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. 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: 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
Options	$0.03	05/12/2021		A		30,000,000		05/12/2021	05/12/2023	Common stock	30,000,000	$0	30,000,000	D
Options	$0.009	02/24/2023		A		35,000,000(2)		08/24/2023(3)	02/24/2028	Common stock	35,000,000	$0	65,000,000	D

Explanation of Responses:

1. Shares acquired pursuant to conversion of debt of $50,000.

2. Options vest 50% when granted and balance ratably on a daily basis during the 24 month period commencing on date of grant.

3. Vested Options are exercisable 6 months after date of grant and thereafter until 5 years after the date of grant.

Remarks:

This Form 4/A Amendment No. 1 is being filed to correct a typographical error in Table I, box 4 on the original Form 4 filing. The shares acquired pursuant to conversion of debt of $50,000 has been corrected from 70,422,535 to 7,042,253.

	James C. Katzaroff	04/04/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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