Erin Henderson - May 4, 2022 Form 4 Insider Report for Blue Water Vaccines Inc. (BWV)

Role
Chief Business Officer
Signature
/s/ Erin Henderson
Stock symbol
BWV
Transactions as of
May 4, 2022
Transactions value $
$0
Form type
4
Date filed
5/27/2022, 10:39 AM
Previous filing
Feb 17, 2022
Next filing
Aug 22, 2022

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 BWV Stock Option Award $0 +200K +435.54% $0.00 246K May 4, 2022 Common Stock, par value $0.00001 per share 200K $6.45 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock options (the "Options") were granted to Ms. Henderson on May 4, 2022. The Options vest and become exercisable as follows (i) 127,800 Options vested immediately upon grant; (ii) 1,306 Options vest at the end of each calendar month from the date of issuance through December 31, 2023 and (iii) 1,920 Options vest at the end of each calendar month thereafter through December 31, 2025.