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

Role
Director
Signature
/s/ Michael Venerable
Stock symbol
BWV
Transactions as of
May 4, 2022
Transactions value $
$0
Form type
4
Date filed
5/27/2022, 10:44 AM
Previous filing
Feb 17, 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 +4.66K $0.00 4.66K May 4, 2022 Common Stock, par value $0.00001 per share 4.66K $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 Mr. Venerable on May 4, 2022. The Options vest and become exercisable as follows: (i) 774 of the Options vested immediately upon grant; (ii) 388 Options vest at the end of each calendar month from the date of issuance through February 28, 2023; and (iii) the remaining 389 Options vest on March 31, 2023.