Dale Chappell - 02 Mar 2022 Form 4 Insider Report for HUMANIGEN, INC

Role
Chief Scientific Officer, Director, 10%+ Owner
Signature
BLACK HORSE CAPITAL LP By: Black Horse Capital Management LLC, its Managing General Partner By: /s/ Dale Chappell Name: Dale Chappell Title: Manager
Issuer symbol
N/A
Transactions as of
02 Mar 2022
Net transactions value
+$5,874
Form type
4
Filing time
04 Mar 2022, 17:42:12 UTC
Previous filing
14 Jan 2022
Next filing
10 Mar 2022
SEC
View on sec.gov

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 HGEN Call Option (Right to Buy) Purchase $405 +680 $0.5960 680 02 Mar 2022 Common Stock, $0.001 par value 68,000 $2.50 By Black Horse Capital LP F1, F2
transaction HGEN Call Option (Right to Buy) Purchase $3.58 +11 $0.3255* 11 02 Mar 2022 Common Stock, $0.001 par value 1,100 $5.00 By Black Horse Capital LP F1, F2
transaction HGEN Call Option (Right to Buy) Purchase $3.5 +5 +0.74% $0.7000 685 03 Mar 2022 Common Stock, $0.001 par value 500 $2.50 By Black Horse Capital LP F1, F2
transaction HGEN Call Option (Right to Buy) Purchase $60.55 +173 +1573% $0.3500* 184 03 Mar 2022 Common Stock, $0.001 par value 17,300 $5.00 By Black Horse Capital LP F1, F2
transaction HGEN Call Option (Right to Buy) Purchase $114 +127 +19% $0.8972 812 04 Mar 2022 Common Stock, $0.001 par value 12,700 $2.50 By Black Horse Capital LP F1, F2
transaction HGEN Call Option (Right to Buy) Purchase $811 +1,360 $0.5960 1,360 02 Mar 2022 Common Stock, $0.001 par value 136,000 $2.50 By Black Horse Capital Master Fund Ltd. F1, F3
transaction HGEN Call Option (Right to Buy) Purchase $7.16 +22 $0.3255* 22 02 Mar 2022 Common Stock, $0.001 par value 2,200 $5.00 By Black Horse Capital Master Fund Ltd. F1, F3
transaction HGEN Call Option (Right to Buy) Purchase $7 +10 +0.74% $0.7000 1,370 03 Mar 2022 Common Stock, $0.001 par value 1,000 $2.50 By Black Horse Capital Master Fund Ltd. F1, F3
transaction HGEN Call Option (Right to Buy) Purchase $121 +346 +1573% $0.3500* 368 03 Mar 2022 Common Stock, $0.001 par value 34,600 $5.00 By Black Horse Capital Master Fund Ltd. F1, F3
transaction HGEN Call Option (Right to Buy) Purchase $229 +255 +19% $0.8972 1,625 04 Mar 2022 Common Stock, $0.001 par value 25,500 $2.50 By Black Horse Capital Master Fund Ltd. F1, F3
transaction HGEN Call Option (Right to Buy) Purchase $2,838 +4,762 $0.5960 4,762 02 Mar 2022 Common Stock, $0.001 par value 476,200 $2.50 By Cheval Holdings, Ltd. F1, F4
transaction HGEN Call Option (Right to Buy) Purchase $25.06 +77 $0.3255* 77 02 Mar 2022 Common Stock, $0.001 par value 7,700 $5.00 By Cheval Holdings, Ltd. F1, F4
transaction HGEN Call Option (Right to Buy) Purchase $25.2 +36 +0.76% $0.7000 4,798 03 Mar 2022 Common Stock, $0.001 par value 3,600 $2.50 By Cheval Holdings, Ltd. F1, F4
transaction HGEN Call Option (Right to Buy) Purchase $425 +1,213 +1575% $0.3500* 1,290 03 Mar 2022 Common Stock, $0.001 par value 121,300 $5.00 By Cheval Holdings, Ltd. F1, F4
transaction HGEN Call Option (Right to Buy) Purchase $799 +891 +19% $0.8972 5,689 04 Mar 2022 Common Stock, $0.001 par value 89,100 $2.50 By Cheval Holdings, Ltd. F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is filed jointly by Black Horse Capital LP (the "Domestic Fund"), Black Horse Capital Master Fund Ltd. (the "Offshore Fund"), Cheval Holdings, Ltd. ("Cheval"), Black Horse Capital Management LLC ("BH Management") and Dale Chappell (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. The filing of this Form 4 shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any securities of the Issuer he or it does not directly own.
F2 Securities owned directly by the Domestic Fund. BH Management, as the managing general partner of the Domestic Fund, may be deemed to beneficially own the securities owned directly by the Domestic Fund. Dale Chappell, as the managing member of BH Management, may be deemed to beneficially own the securities owned directly by the Domestic Fund.
F3 Securities owned directly by the Offshore Fund. Dale Chappell, as the controlling person of the Offshore Fund, may be deemed to beneficially own the securities owned directly by the Offshore Fund.
F4 Securities owned directly by Cheval. Each of BH Management, by virtue of having been granted by the Board of Directors of Cheval the power to manage the securities of the Issuer owned by Cheval, and Dale Chappell, as the managing member of BH Management, may be deemed to beneficially own the securities owned directly by Cheval.