Form 4 for HCWB HCW Biologics Inc.
Accepted 2021-07-23 00:00:00 ET · period of report 2021-07-22 · accession 0001209191-21-048063 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-07-23 | 2021-07-22 | HCWB | Wong Hing C | CEO, Dir | P - Purchase | $8.00 | +627.5K | 15.26M | +4% | +$5.02M |
| DM | 2021-07-23 | 2021-07-22 | HCWB | Wong Hing C | CEO, Dir | C - Cnv Deriv | $0.00 | +10.34M | 14.63M | +241% | $0 |
| DM | 2021-07-23 | 2021-07-22 | HCWB | Wong Hing C | CEO, Dir | C - Cnv Deriv | $0.00 | -10.34M | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-07-22 | P | A | 627,500 | $8.00 | 15,255,618 | D | — | — | (F3) Represents shares received upon the conversion of shares of Series C Redeemable Convertible Preferred Stock. All shares were purchased jointly by Hing C. Wong and Bee Yau Huang. (F4) Represents shares of Common Stock purchased in connection with the Issuer's initial public offering for consideration of $8.00 per share. |
| 2 | Common | Common Stock | 2021-07-22 | C | A | 6,316,691 | $0.00 | 10,602,405 | D | — | — | (F1) Represents shares received upon the conversion of shares of Series A Redeemable Convertible Preferred Stock. Includes 902,977 shares purchased jointly by Hing C. Wong and Bee Yau Huang. |
| 3 | Common | Common Stock | 2021-07-22 | C | A | 2,954,285 | $0.00 | 13,556,690 | D | — | — | (F2) Represents shares received upon the conversion of shares of Series B Redeemable Convertible Preferred Stock. Includes 1,525,714 shares purchased jointly by Hing C. Wong and Bee Yau Huang. |
| 4 | Common | Common Stock | 2021-07-22 | C | A | 1,071,428 | $0.00 | 14,628,118 | D | — | — | (F3) Represents shares received upon the conversion of shares of Series C Redeemable Convertible Preferred Stock. All shares were purchased jointly by Hing C. Wong and Bee Yau Huang. |
| 5 | Derivative | Series C Redeemable Preferred Stock | 2021-07-22 | C | D | 1,071,428 | $0.00 | 0 | D | — · — to — | 1,071,428 Common Stock | (F3) Represents shares received upon the conversion of shares of Series C Redeemable Convertible Preferred Stock. All shares were purchased jointly by Hing C. Wong and Bee Yau Huang. (F7) Each share of the Series C Redeemable Convertible Preferred Stock automatically converted into one share of the Issuer's Common Stock, for no additional consideration at the completion of the Issuer's initial public offering. The Redeemable Convertible Preferred Stock had no expiration date. |
| 6 | Derivative | Series B Redeemable Preferred Stock | 2021-07-22 | C | D | 2,954,285 | $0.00 | 0 | D | — · — to — | 2,954,285 Common Stock | (F2) Represents shares received upon the conversion of shares of Series B Redeemable Convertible Preferred Stock. Includes 1,525,714 shares purchased jointly by Hing C. Wong and Bee Yau Huang. (F6) Each share of the Series B Redeemable Convertible Preferred Stock automatically converted into one share of the Issuer's Common Stock, for no additional consideration at the completion of the Issuer's initial public offering. The Redeemable Convertible Preferred Stock had no expiration date. |
| 7 | Derivative | Series A Redeemable Preferred Stock | 2021-07-22 | C | D | 6,316,691 | $0.00 | 0 | D | — · — to — | 6,316,691 Common Stock | (F1) Represents shares received upon the conversion of shares of Series A Redeemable Convertible Preferred Stock. Includes 902,977 shares purchased jointly by Hing C. Wong and Bee Yau Huang. (F5) Each share of the Series A Redeemable Convertible Preferred Stock automatically converted into one share of the Issuer's Common Stock, for no additional consideration at the completion of the Issuer's initial public offering. The Redeemable Convertible Preferred Stock had no expiration date. |