Richard Upton - Oct 11, 2024 Form 4 Insider Report for Carmell Corp (CTCX)

Role: Director
Signature: /s/ Richard Upton
Stock symbol: CTCX
Transactions as of: Oct 11, 2024
Transactions value $: $0
Form type: 4
Date filed: 11/8/2024, 05:00 PM
Previous filing: Sep 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CTCX	Commmon Stock						1.36M	Oct 11, 2024	Harbor Light Capital Partners	F1
holding	CTCX	Common Stock						15K	Oct 11, 2024	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	CTCX	Stock Option (right to buy)	Award	$0	+76.9K		$0.00	76.9K	Oct 11, 2024	Common Stock	76.9K	$0.36	Direct	F2
holding	CTCX	Stock Option (right to buy)						76.9K	Oct 11, 2024	Common Stock	76.9K	$2.11	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Carmell Series of Harbor Light Direct Investment, LLC is the record holder of 1,248,114 shares and Harbor Light Direct Investment, LP is the record holder of 109,905 shares. The Reporting Person is the General Partner of Harbor Light Capital Partners, the investment manager to these entities, and may be deemed the beneficial owner of such shares. The Reporting Person disclaims beneficial ownership over any securities in which he does not have a pecuniary interest.
F2	Stock options vest as follows: 25% on the one-year anniversary of grant date, with the remaining 75% in 36 equal monthly installments thereafter, subject to continued service through each vesting date.

Content

Carmell Series of Harbor Light Direct Investment, LLC is the record holder of 1,248,114 shares and Harbor Light Direct Investment, LP is the record holder of 109,905 shares. The Reporting Person is the General Partner of Harbor Light Capital Partners, the investment manager to these entities, and may be deemed the beneficial owner of such shares. The Reporting Person disclaims beneficial ownership over any securities in which he does not have a pecuniary interest.

Stock options vest as follows: 25% on the one-year anniversary of grant date, with the remaining 75% in 36 equal monthly installments thereafter, subject to continued service through each vesting date.