Gregory R. Blatt - Nov 15, 2021 Form 4 Insider Report for Vaxxinity, Inc. (VAXX)

Role
Director
Signature
/s/ Rene Paula, attorney-in-fact for Gregory R. Blatt
Stock symbol
VAXX
Transactions as of
Nov 15, 2021
Transactions value $
$0
Form type
4
Date filed
11/15/2021, 05:53 PM
Previous filing
Nov 10, 2021
Next filing
Nov 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VAXX Class A common stock Conversion of derivative security +623K 623K Nov 15, 2021 Held by Blatt Family Investments LLC F1, F2
transaction VAXX Class A common stock Conversion of derivative security +53.6K 53.6K Nov 15, 2021 Held by The Gregory R. Blatt 2020 Annuity Trust IX F1, F3
transaction VAXX Class A common stock Conversion of derivative security +161K 161K Nov 15, 2021 Held by The Gregory R. Blatt 2020 Annuity Trust III F1, F4
transaction VAXX Class A common stock Purchase $0 +76.9K $0.00 76.9K Nov 15, 2021 Held by Bald Eagle IV LLC F5, F6

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 VAXX Series A preferred stock Conversion of derivative security -969K -100% 0 Nov 15, 2021 Class A common stock 623K Held by Blatt Family Investments LLC F1, F2
transaction VAXX Series A preferred stock Conversion of derivative security -83.3K -100% 0 Nov 15, 2021 Class A common stock 53.6K Held by The Gregory R. Blatt 2020 Annuity Trust IX F1, F3
transaction VAXX Series B preferred stock Conversion of derivative security -250K -100% 0 Nov 15, 2021 Class A common stock 161K Held by The Gregory R. Blatt 2020 Annuity Trust III F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of preferred stock automatically converted into shares of Class A common stock upon closing of the Issuer's initial public offering based on a conversion rate of approximately 0.643 shares of Class A common stock for each share of preferred stock.
F2 These securities are held by Blatt Family Investments LLC ("BFI"). The Reporting Person is the investment manager and a member of BFI, as well as the investment advisor of The Gregory R. Blatt 2018 GST Trust, which is also a member of BFI. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by BFI in which the Reporting Person has no pecuniary interest.
F3 These securities are held by The Gregory R. Blatt 2020 Annuity Trust IX. The Reporting Person is the sole trustee and the investment advisor with all investment authority.
F4 These securities are held by The Gregory R. Blatt 2020 Annuity Trust III. The Reporting Person is the sole trustee and the investment advisor with all investment authority.
F5 The Reporting Person beneficially owns 76,923 shares of Class A common stock purchased by Bald Eagle IV LLC.
F6 Held by Bald Eagle IV LLC. The Reporting Person is a member of Bald Eagle IV LLC. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of all securities held by Bald Eagle IV LLC in which the Reporting Person has no pecuniary interest.