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

Role: Director
Signature: By: /s/ Michael D. Mulholland, Attorney-in-fact
Issuer symbol: CYDY
Transactions as of: 23 Sep 2021
Net transactions value: +$700,000
Form type: 4
Filing time: 27 Sep 2021, 21:26:38 UTC
Next filing: 20 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CYDY	Common Stock	Options Exercise	$400,000	+888,888	+13%	$0.4500	7,590,211	23 Sep 2021	Direct
transaction	CYDY	Common Stock	Options Exercise	$99,999	+133,332	+1.8%	$0.7500	7,723,543	23 Sep 2021	Direct
transaction	CYDY	Common Stock	Options Exercise	$200,001	+266,668	+3.5%	$0.7500	7,990,211	23 Sep 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		-444,444	-100%		0	23 Sep 2021	Common Stock	444,444	$0.4500	Direct	F1
transaction	CYDY	Warrant (Right to Buy)	Disposed to Issuer		-66,666	-100%		0	23 Sep 2021	Common Stock	66,666	$0.7500	Direct	F1
transaction	CYDY	Warrant (Right to Buy)	Disposed to Issuer		-133,334	-100%		0	23 Sep 2021	Common Stock	133,334	$0.7500	Direct	F1
transaction	CYDY	Warrant (Right to Buy)	Award		+888,888			888,888	23 Sep 2021	Common Stock	888,888	$0.4500	Direct	F1
transaction	CYDY	Warrant (Right to Buy)	Award		+133,332			133,332	23 Sep 2021	Common Stock	133,332	$0.7500	Direct	F1
transaction	CYDY	Warrant (Right to Buy)	Award		+266,668			266,668	23 Sep 2021	Common Stock	266,668	$0.7500	Direct	F1
transaction	CYDY	Warrant (Right to Buy)	Options Exercise		-888,888	-100%		0	23 Sep 2021	Common Stock	888,888	$0.4500	Direct	F1
transaction	CYDY	Warrant (Right to Buy)	Options Exercise		-133,332	-100%		0	23 Sep 2021	Common Stock	133,332	$0.7500	Direct	F1
transaction	CYDY	Warrant (Right to Buy)	Options Exercise		-266,668	-100%		0	23 Sep 2021	Common Stock	266,668	$0.7500	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.