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

Role: 10%+ Owner
Signature: /s/ J. Rex Farrior, III
Issuer symbol: N/A
Transactions as of: 23 Feb 2022
Net transactions value: +$19,417
Form type: 4
Filing time: 25 Feb 2022, 15:24:57 UTC
Next filing: 18 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HCYT	COMMON STOCK	Options Exercise	$9,709	+693,477	+4.5%	$0.0140	16,211,588	23 Feb 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		-693,477	-9.3%		6,794,586	23 Feb 2022	COMMON STOCK	693,477	$0.0140	(SEE FOOTNOTE)	F1, F2
transaction	HCYT	STOCK PURCHASE WARRANTS	Award	$9,709	+693,477		$0.0140	693,477	23 Feb 2022	COMMON STOCK	693,477	$0.0140	(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.

Content

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.

Received in connection with variable conversion price notes. No additional consideration was paid for warrants. Exercise price became fixed at closing of Qualified Financing.