Horne William E 4
4 · H-CYTE, INC. · Filed Jun 26, 2020
Insider Transaction Report
Form 4
H-CYTE, INC.HCYT
Horne William E
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2020-06-23$0.39/sh+4,368,278$1,703,628→ 8,593,913 total(indirect: See Footnotes) - Award
Warrant
2020-06-23−4,368,278→ 4,368,278 total(indirect: See footnotes)From: 2020-06-23Exp: 2025-04-17→ Common Stock (4,368,278 underlying)
Footnotes (3)
- [F1]the shares and warrants were issued to to Mr. William Horne pursuant to a conversion of a promissory note in the amount of $1,635,000 and $74,404 of interest owed to him by the Issuer which equals slightly more than $0.39 per share.
- [F2]The shares were issued to Horne Management Co. which is owned and controlled by Mr. Horne and accordingly are benecificially owned by Mr. Horne.
- [F3]The Warrants were issued upon the conversion of a promissory notes and are exercisable at the price of the Issuer's next offering of equity.