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
                                                                                  
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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 *

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/YYYY)

3/26/2020
(Street)

WEST VANCOUVER BC, A1 V7W 2C6
(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
Common Stock         10021250 D  
Common Stock         1125600 I See footnote (1)

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     5000000   (2)8/31/2021 Common Stock 5000000 $0.00 0 D  
Stock Option $0.05 3/26/2020  D     5000000   (2)12/31/2020 Common Stock 5000000 $0.00 0 D  
Stock Option $0.14 3/26/2020  A   5000000     (3)3/25/2026 Common Stock 5000000 $0.00 5000000 D  
Stock Option $0.14 3/26/2020  A   5000000     (3)3/25/2026 Common Stock 5000000 $0.00 5000000 D  
Warrant $0.26           7/15/2019 7/14/2024 Common Stock 6000000  6000000 D  
Stock Option $0.26            (4)7/14/2024 Common Stock 5000000  5000000 D  
Stock Option $0.26            (4)7/14/2024 Common Stock 5000000  5000000 D  
Stock Option $0.11            (5)11/17/2024 Common Stock 5000000  5000000 D  
Stock Option $0.09            (6)11/8/2023 Common Stock 5000000  5000000 D  

Explanation of Responses:
(1) Owned by Mr. Young's wife.
(2) Cancelation of options for no value received.
(3) Options issued pursuant to the Company's Amended 2017 Stock Option and Stock Bonus Plan on March 26, 2020. Fully vested.
(4) 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 on October 13, 2019; thereafter 1,250,000 shares vest every three months.
(5) 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.
(6) 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Young Lachlan Grant
66438 ROSEBERY AVENUE
WEST VANCOUVER BC, A1 V7W 2C6

X


Signatures
/s/ Lachlan Grant Young3/27/2020
**Signature of Reporting PersonDate

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