Lee Flowers - Dec 1, 2021 Form 4 Insider Report for HCW Biologics Inc. (HCWB)

Role
SVP of Business Development
Signature
/s/ Nicole Valdivieso, as Attorney-in-Fact for Lee D. Flowers
Stock symbol
HCWB
Transactions as of
Dec 1, 2021
Transactions value $
$600
Form type
4
Date filed
12/3/2021, 11:10 AM
Previous filing
Sep 10, 2021
Next filing
Jun 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCWB Common Stock Options Exercise $600 +4.29K +4.67% $0.14* 96K Dec 1, 2021 Direct

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 HCWB Stock Option (Right to Buy) Options Exercise $0 -4.29K -25% $0.00 12.9K Dec 1, 2021 Common Stock 4.29K $0.14 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 20% of the total shares subject to the stock option grant vested on September 16, 2020; 20% of the total shares subject to the stock option grant vested on September 16, 2021; 25% of the total shares subject to the stock option grant will vest on September 16, 2022; and 35% of the total shares subject to the stock option grant will vest on September 16, 2023.