Ayabudge LLC - 13 Jun 2023 Form 4 Insider Report for Humacyte, Inc. (HUMA)

Role
10%+ Owner
Signature
/s/ Ayabudge LLC by Dale A. Sander as Attorney-in-Fact
Issuer symbol
HUMA
Transactions as of
13 Jun 2023
Net transactions value
-$12,675,000
Form type
4
Filing time
15 Jun 2023, 16:17:40 UTC
Previous filing
26 May 2023
Next filing
16 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUMA Common Stock Sale $12,675,000 -4,875,000 -32% $2.60 10,490,736 13 Jun 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 13, 2023, the Reporting Person sold 4,875,000 shares of Common Stock. The transactions enabled Mr. Brady W. Dougan, a person controlling the Reporting Person, to pay down leverage while providing a mechanism for the institutional healthcare investor purchasers to acquire shares of the Issuer at a time that the Issuer was not conducting a financing transaction and was not making any additional shares available for purchase.