J. Rex Farrior III - Feb 23, 2022 Form 4 Insider Report for H-CYTE, INC. (HCYT)

Role
10%+ Owner
Signature
/s/ J. Rex Farrior, III
Stock symbol
HCYT
Transactions as of
Feb 23, 2022
Transactions value $
$19,417
Form type
4
Date filed
2/25/2022, 03:24 PM
Next filing
Jan 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCYT COMMON STOCK Options Exercise $9.71K +693K +4.47% $0.01 16.2M Feb 23, 2022 (SEE FOOTNOTE) F1

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 HCYT STOCK PURCHASE WARRANTS Options Exercise -693K -9.26% 6.79M Feb 23, 2022 COMMON STOCK 693K $0.01 (SEE FOOTNOTE) F1, F2
transaction HCYT STOCK PURCHASE WARRANTS Award $9.71K +693K $0.01 693K Feb 23, 2022 COMMON STOCK 693K $0.01 (SEE FOOTNOTE) F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common stock held directly by FWHC Holdings, LLC (FHWC) and FWHC Bridge Friends, LLC (Bridge Friends), Series A preferred stock and warrants held directly by Bridge Friends. All held indirectly by HOA Capital LLC (HOA), the sole manager of FWHC and Bridge Friends, and J. Rex Farrior, III, the sole manager of HOA. Each of the reporting persons disclaims beneficial ownership of the securities except to the extent of its or his pecuniary interest therein.
F2 Received in connection with variable conversion price notes. No additional consideration was paid for warrants. Exercise price became fixed at closing of Qualified Financing.