Peter Diamandis - Apr 26, 2023 Form 4 Insider Report for Vaxxinity, Inc. (VAXX)

Role
Director
Signature
/s/ Rene Paula Molina, attorney-in-fact for Peter Diamandis
Stock symbol
VAXX
Transactions as of
Apr 26, 2023
Transactions value $
$300,816
Form type
4
Date filed
5/2/2023, 10:46 AM
Previous filing
Feb 14, 2023
Next filing
Jun 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VAXX Class A common stock Options Exercise $245K +429K +99.64% $0.57* 860K Apr 26, 2023 Direct
transaction VAXX Class A common stock Options Exercise $56.3K +46.5K +5.41% $1.21 906K Apr 26, 2023 Direct
holding VAXX Class A common stock 13.8K Apr 26, 2023 Held by spouse F1
holding VAXX Class B common stock 1.1M Apr 26, 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 VAXX Stock option (right to buy) Options Exercise $0 -429K -81.25% $0.00 99K Apr 26, 2023 Class A common stock 429K $0.57 Direct F2
transaction VAXX Stock option (right to buy) Options Exercise $0 -46.5K -5.97% $0.00 733K Apr 26, 2023 Class A common stock 46.5K $1.21 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are held by Kristin Diamandis, the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by Kristin Diamandis in which the Reporting Person has no pecuniary interest.
F2 These options are subject to a four-year vesting schedule, with 25% having vested on December 30, 2020 and the remainder vesting in thirty-six equal installments each month during the remainder of the vesting period
F3 These options are subject to a four-year vesting schedule, beginning on June 2, 2020, vesting in equal installments each month during the vesting period.