Lee Flowers - Dec 8, 2023 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 8, 2023
Transactions value $
$1,050
Form type
4
Date filed
12/11/2023, 04:56 PM
Previous filing
Jun 9, 2023
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCWB Common Stock Options Exercise $1.05K +7.5K +6.74% $0.14* 119K Dec 8, 2023 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 -7.5K -100% $0.00* 0 Dec 8, 2023 Common Stock 7.5K $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 vested on September 16, 2022; and 35% of the total shares subject to the stock option grant vested on September 16, 2023.