Don Hankey - Oct 15, 2021 Form 4 Insider Report for Bone Biologics Corp (BBLG)

Role
Chairman of the Board, Director, 10%+ Owner
Signature
/s/ Don Hankey
Stock symbol
BBLG
Transactions as of
Oct 15, 2021
Transactions value $
$17,321,933
Form type
4
Date filed
10/19/2021, 08:17 PM
Next filing
Mar 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBLG Common Stock Conversion of derivative security $14.8M +5.93M +53.96% $2.50 16.9M Oct 15, 2021 BY HANKEY CAPITAL, LLC F1
transaction BBLG Common Stock Conversion of derivative security $0 -9.36M -55.34% $0.00 7.55M Oct 15, 2021 BY HANKEY CAPITAL, LLC F2
transaction BBLG Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $2.5M +476K +6.3% $5.24 8.03M Oct 15, 2021 BY HANKEY CAPITAL, LLC F3
transaction BBLG Common Stock Gift $0 -1M -12.51% $0.00 7.03M Oct 15, 2021 BY HANKEY CAPITAL, LLC F4

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 BBLG Warrants to Purchase Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $4.76K +476K $0.01* 476K Oct 15, 2021 Common 476K $6.30 By Hankey Capital, LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares issued upon conversion of debt at a conversion rate of $2.50 per share.
F2 Represents cancelation of collateral shares issued to secure the debt.
F3 Represents shares purchased in the Issuer's public offering of units, with each unit consisting of one share of Common Stock and one Warrant. The allocation of a unit is $5.24 for a common share, and $0.01 for a warrant.
F4 Represents shares gifted to third parties.

Remarks:

Mr. Hankey is the beneficial owner of 7,678,344 shares of the Company, consisting of 7,025,802 shares owned by Hankey Capital, LLC, 476,190 shares issuable upon exercise of warrants issued to Hankey Capital, LLC, 144,656 shares owned by the Don Hankey Trust (the "Trust") of which Mr. Hankey is the Trustee, and 31,696 shares held by H&H Funding, LLC. Hankey Capital, LLC is owned by Hankey Investment Company LP ("HIC") of which the Trust owns a 66.09% interest. The general partner of HIC is Knight Services, Inc., of which the Trust is the sole owner.