Jordan G. Naydenov - Sep 23, 2021 Form 4 Insider Report for CytoDyn Inc. (CYDY)

Role: Director
Signature: By: /s/ Michael D. Mulholland, Attorney-in-fact
Stock symbol: CYDY
Transactions as of: Sep 23, 2021
Transactions value $: $700,000
Form type: 4
Date filed: 9/27/2021, 09:26 PM
Next filing: Oct 20, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CYDY	Common Stock	Options Exercise	$400K	+889K	+13.26%	$0.45	7.59M	Sep 23, 2021	Direct
transaction	CYDY	Common Stock	Options Exercise	$100K	+133K	+1.76%	$0.75	7.72M	Sep 23, 2021	Direct
transaction	CYDY	Common Stock	Options Exercise	$200K	+267K	+3.45%	$0.75	7.99M	Sep 23, 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CYDY	Warrant (Right to Buy)	Disposed to Issuer		-444K	-100%		0	Sep 23, 2021	Common Stock	444K	$0.45	Direct	F1
transaction	CYDY	Warrant (Right to Buy)	Disposed to Issuer		-66.7K	-100%		0	Sep 23, 2021	Common Stock	66.7K	$0.75	Direct	F1
transaction	CYDY	Warrant (Right to Buy)	Disposed to Issuer		-133K	-100%		0	Sep 23, 2021	Common Stock	133K	$0.75	Direct	F1
transaction	CYDY	Warrant (Right to Buy)	Award		+889K			889K	Sep 23, 2021	Common Stock	889K	$0.45	Direct	F1
transaction	CYDY	Warrant (Right to Buy)	Award		+133K			133K	Sep 23, 2021	Common Stock	133K	$0.75	Direct	F1
transaction	CYDY	Warrant (Right to Buy)	Award		+267K			267K	Sep 23, 2021	Common Stock	267K	$0.75	Direct	F1
transaction	CYDY	Warrant (Right to Buy)	Options Exercise		-889K	-100%		0	Sep 23, 2021	Common Stock	889K	$0.45	Direct	F1
transaction	CYDY	Warrant (Right to Buy)	Options Exercise		-133K	-100%		0	Sep 23, 2021	Common Stock	133K	$0.75	Direct	F1
transaction	CYDY	Warrant (Right to Buy)	Options Exercise		-267K	-100%		0	Sep 23, 2021	Common Stock	267K	$0.75	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On September 23, 2021, as an inducement to exercise, the Issuer and the Reporting Person agreed to amend three warrants held by the Reporting Person (the "Warrants") to purchase a total of 644,444 shares of the Issuer's common stock, par value $0.001 per share (the "Common Stock"), pursuant to which twice as many shares could be purchased for double the total original exercise price.