Cincinnati Cornerstone Investors BWV I, LLC - 17 Feb 2022 Form 3 Insider Report for Blue Water Vaccines Inc. (ONCO)

Role
10%+ Owner
Signature
/s/ Michael Venerable, Designated Representative of the Manager
Issuer symbol
ONCO
Transactions as of
17 Feb 2022
Net transactions value
$0
Form type
3
Filing time
17 Feb 2022, 18:08:27 UTC
Next filing
24 Feb 2022
SEC
View on sec.gov

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
holding BWV Series Seed Preferred Stock 17 Feb 2022 Common Stock 3,611,201 $1.52 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Series Seed Preferred Stock is convertible at any time, at the holder's election, and has no expiration date; however, the Reporting Person has agreed to the automatic conversion of all of its Series Seed Preferred Stock and all related accrued and unpaid dividends into Common Stock on the closing of the initial public offering of the Issuer.
F2 Number of shares of Common Stock issuable upon the agreed upon automatic conversion of the Series Seed Preferred Stock and accrued and unpaid dividends on the closing of the initial public offering of the Issuer.
F3 Cincinnati Cornerstone Capital, LLC as the manager and a member of Cincinnati Cornerstone Investors BWV I, LLC, beneficially owns the reported securities indirectly, but disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.