DST Capital LLC - May 12, 2022 Form 4 Insider Report for Biostage, Inc. (BSTG)

Role
10%+ Owner
Signature
/s/ Chad Porter, by power of attorney
Stock symbol
BSTG
Transactions as of
May 12, 2022
Transactions value $
$49,000
Form type
4
Date filed
5/19/2022, 08:47 PM
Previous filing
Sep 9, 2021
Next filing
Dec 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSTG Common Stock Purchase $49K +8.28K +0.23% $5.92 3.66M May 12, 2022 Direct F1
holding BSTG Common Stock 30.7K May 12, 2022 Owned by sole member of reporting person

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 BSTG Warrants (right to buy) Purchase +4.14K 4.14K May 12, 2022 Common Stock 4.14K $8.88 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 12, 2022, the Issuer and the Reporting Person entered into a securities purchase agreement (the "Purchase Agreement") pursuant to which the Reporting Person acquired from the Issuer in a private placement: (i) 8,277 shares of the Issuer's common stock, $0.01 par value (collectively, the "Shares"); and (ii) warrants to purchase up to 4,139 shares of common stock with an exercise price of $8.88 per share (the "Warrants"). The aggregate subscription amount paid by the Reporting Person for the Shares and Warrants acquired by it pursuant to the Purchase Agreement was $49,000.

Remarks:

This form has been signed under power of attorney.