Mei Mei Hu - Apr 26, 2022 Form 4 Insider Report for Vaxxinity, Inc. (VAXX)

Signature
/s/ Mei Mei Hu
Stock symbol
VAXX
Transactions as of
Apr 26, 2022
Transactions value $
$79,689
Form type
4
Date filed
4/28/2022, 07:19 PM
Previous filing
Apr 27, 2022
Next filing
Jun 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VAXX Class A common stock Purchase $62.5K +18.1K +0.04% $3.45 51.6M Apr 26, 2022 Held by United Biomedical Inc. F2, F3, F4
transaction VAXX Class A common stock Purchase $17.2K +4.81K +0.01% $3.58 51.6M Apr 27, 2022 Held by United Biomedical Inc. F2, F3, F4
holding VAXX Class A common stock 272K Apr 26, 2022 Held by Blackfoot Healthcare Ventures LLC F1
holding VAXX Class A common stock 4.21M Apr 26, 2022 Held by United Biomedical Inc., Asia F5
holding VAXX Class A common stock 17.5K Apr 26, 2022 Held by spouse F6
holding VAXX Class B common stock 5.52M Apr 26, 2022 Direct F7
holding VAXX Class B common stock 3.96M Apr 26, 2022 Held by spouse F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held by Blackfoot Healthcare Ventures LLC ("Blackfoot"). The Reporting Person is one of two shareholders of Blackfoot and may therefore be deemed to beneficially own the securities held by Blackfoot. 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 Blackfoot in which the Reporting Person has no pecuniary interest.
F2 The purchases reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by United Biomedical Inc.
F3 The price reported is a weighted average price.
F4 These securities are held by United Biomedical Inc. ("UBI"). The Reporting Person, Louis Reese, Nean Hu and Chang Yi Wang, together as a group, control more than 50% of the equity interests of UBI, and together share investment control of all shares held by UBI. 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 UBI in which the Reporting Person has no pecuniary interest.
F5 Held by United Biomedical, Asia Inc. ("UBIA"). UBI, through a subsidiary, holds a majority equity interest in UBIA and may be deemed to be the beneficial owner of the shares held by UBIA. The Reporting Person, Louis Reese, Nean Hu and Chang Yi Wang, together as a group, control more than 50% of the equity interests of UBI, and together share investment control of all shares held by UBI. 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 UBI in which the Reporting Person has no pecuniary interest.
F6 These securities are held by Louis Reese, the Reporting Person's spouse. 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 Louis Reese in which the Reporting Person has no pecuniary interest.
F7 Class B common stock is convertible to Class A common stock on a one-for-one basis and has no expiration date.

Remarks:

Chief Executive Officer and President. The Reporting Person, Louis Reese, Blackfoot and UBI have entered into a voting agreement providing the Reporting Person with the authority (and irrevocable proxies) to vote the shares of capital stock held by such stockholders at the Reporting Persons' discretion on all matters to be voted upon by stockholders of Vaxxinty, Inc. 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 such stockholders in which the Reporting Person has no pecuniary interest.