Rajiv Shukla - Jul 26, 2024 Form 4 Insider Report for Carmell Corp (CTCX)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Rajiv Shukla
Stock symbol
CTCX
Transactions as of
Jul 26, 2024
Transactions value $
$450,000
Form type
4
Date filed
8/8/2024, 05:39 PM
Previous filing
Jun 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CTCX Common Stock 72.1K Jul 26, 2024 Direct
holding CTCX Common Stock 4.25M Jul 26, 2024 By AHAC Sponsor III LLC F1

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 CTCX Stock Option (right to buy) Award $450K +450K +105.42% $1.00 877K Jul 26, 2024 Common Stock 450K $1.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 AHAC Sponsor III LLC (the "Sponsor") is the record holder of these shares and reported the ownership of these shares on Form 3 filed with the SEC on July 26, 2021. The Reporting Person is the managing member of the Sponsor and may be deemed the beneficial owner of the shares held by the Sponsor. The Reporting Person filed a Form 3 related to its indirect beneficial ownership of these shares on July 26, 2021. The Reporting Person disclaims beneficial ownership over any securities in which he does not have a pecuniary interest.
F2 Options to purchase 450,000 shares of common stock of Carmell Corporation were granted on July 26, 2024 and vest as follows: 25% vested on July 26, 2025 and the remaining 75% becomes vested in 36 equal monthly installments thereafter, subject to continued service through each vesting date.
F3 Includes options to purchase 426,878 shares of common stock of Carmell Corporation that were granted on October 9, 2023 and vest as follows: 25% vest on October 9, 2024 and the remaining 75% becomes vested in 36 equal monthly installments thereafter, subject to continued service through each vesting date.