Laura E. Niklason - Aug 26, 2021 Form 4 Insider Report for Humacyte, Inc. (HUMA)

Role
President, CEO and Director, Director, 10%+ Owner
Signature
/s/ Laura E. Niklason by Dale A. Sander as Attorney-in-Fact
Stock symbol
HUMA
Transactions as of
Aug 26, 2021
Transactions value $
$15,225,000
Form type
4
Date filed
8/27/2021, 04:15 PM
Next filing
Oct 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUMA Common Stock Award +1.15M 1.15M Aug 26, 2021 Direct F1
transaction HUMA Common Stock Award +18.9M 18.9M Aug 26, 2021 By Ayabudge LLC F1
transaction HUMA Common Stock Purchase $15.2M +1.52M +8.04% $10.00 20.5M Aug 26, 2021 By Ayabudge LLC
holding HUMA Common Stock 810K Aug 26, 2021 By Spouse

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 HUMA Stock Options (right to buy) Award +263K 263K Aug 26, 2021 Common Stock 263K $1.19 Direct F2, F3
transaction HUMA Stock Options (right to buy) Award +13.1K 13.1K Aug 26, 2021 Common Stock 13.1K $2.56 Direct F2, F3
transaction HUMA Stock Options (right to buy) Award +158K 158K Aug 26, 2021 Common Stock 158K $2.56 Direct F2, F3
transaction HUMA Stock Options (right to buy) Award +263K 263K Aug 26, 2021 Common Stock 263K $3.44 Direct F2, F3
transaction HUMA Stock Options (right to buy) Award +131K 131K Aug 26, 2021 Common Stock 131K $6.54 Direct F2, F3
transaction HUMA Stock Options (right to buy) Award +1.31M 1.31M Aug 26, 2021 Common Stock 1.31M $10.28 Direct F3, F4
transaction HUMA Stock Options (right to buy) Award +1.58K 1.58K Aug 26, 2021 Common Stock 1.58K $10.28 Direct F3, F5
transaction HUMA Stock Options (right to buy) Award +13.1K 13.1K Aug 26, 2021 Common Stock 13.1K $2.56 By Spouse F2, F3
transaction HUMA Stock Options (right to buy) Award +17.1K 17.1K Aug 26, 2021 Common Stock 17.1K $6.54 By Spouse F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 26, 2021 , Alpha Healthcare Acquisition Corp. ("AHAC") consummated a business combination (the "Business Combination") by and among AHAC, Hunter Merger Sub, Inc., a Delaware corporation ("Hunter Merger Sub") and Humacyte, Inc., a Delaware corporation ("Legacy Humacyte"), AHAC changed its name to "Humacyte, Inc." and Hunter Merger Sub merged with and into Legacy Humacyte. As part of the Business Combination, each share of Legacy Humacyte stock was exchanged for 0.2626 shares of common stock of Humacyte, Inc.
F2 Options are fully vested and exercisable.
F3 As part of the Business Combination, each Legacy Humacyte stock option was exchanged for a stock option to acquire 0.2626 shares of common stock of Humacyte, Inc.
F4 One-third of the option will vest on each of the three anniversaries after November 9, 2020.
F5 Options to purchase 2,625 shares of Common Stock granted on 12/14/2020, which vest as follows: (i) one-fifth on the first anniversary of the vesting commencement date, (ii) two-fifths in equal installments over a period of 24 months commencing on the first anniversary of the vesting commencement date, (iii) one-fifth upon the submission of a Biologics License Application to the FDA and (iv) one-fifth upon FDA approval of one of Humacyte's product candidates. Accordingly, columns 5, 7, and 9 of Table II report the number of securities equal to three-fifths of the 12/14/2020 option grant.