Calton Simon Form 4 CORETEC / SIMON CALTON 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^*

CALTON SIMON

(Last) (First) (Middle)

C/O THE CORETEC GROUP INC.

333 JACKSON PLAZA, SUITE 1200

(Street)

ANN ARBOR, MI 48103

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CORETEC GROUP INC. [ CRTG ]

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

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)
Co-Chairman

3. Date of Earliest Transaction (Month/Day/Year)
10/14/2021

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

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	10/14/2021		S(1)		51,519(2)	D	$0.072	10,813,273(2)	I	By Carlton James Ltd
Common Stock	10/15/2021		S(3)		102,390(2)	D	$0.067	10,710,883(2)	I	By Carlton James Ltd
Common Stock	10/18/2021		S(4)		105,862(2)	D	$0.068	10,605,021(2)	I	By Carlton James Ltd

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

Explanation of Responses:

1. On October 14, 2021, Carlton James Ltd. sold an aggregate of 125,791 shares of common stock in open market transactions at a price per share equal to $0.072383, reducing Mr. Calton's pecuniary interest in the shares held by Carlton James Ltd. by 51,519 shares.

2. Represents Reporting Person's pecuniary interest in shares sold and held by Carlton James Ltd.

3. On October 15, 2021, Carlton James Ltd. sold an aggregate of 250,000 shares of common stock in open market transactions at a price per share equal to $0.067584, reducing Mr. Calton's pecuniary interest in the shares held by Carlton James Ltd. by 102,390 shares.

4. On October 18, 2021, Carlton James Ltd. sold an aggregate of 258,479 shares of common stock in open market transactions at a price per share equal to $0.0682, reducing Mr. Calton's pecuniary interest in the shares held by Carlton James Ltd. by 105,862 shares.

	/s/ Simon Calton	10/18/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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