Joshua Hare - Apr 10, 2024 Form 4 Insider Report for Longeveron Inc. (LGVN)

Role: Chief Scientific Officer, Director, 10%+ Owner
Signature: /s/ Paul T. Lehr, attorney-in-fact
Stock symbol: LGVN
Transactions as of: Apr 10, 2024
Transactions value $: $368,617
Form type: 4
Date filed: 4/12/2024, 07:00 PM
Previous filing: Dec 26, 2023
Next filing: Aug 19, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LGVN	Class A Common Stock	Purchase	$250K	+106K	+21.96%	$2.35^*	591K	Apr 10, 2024	Direct	F1
transaction	LGVN	Class A Common Stock	Purchase	$100K	+42.6K	+7.2%	$2.35^*	633K	Apr 11, 2024	Direct	F2

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	LGVN	Warrant (right to buy)	Purchase	$13.3K	+106K		$0.13^*	106K	Apr 10, 2024	Class A Common Stock	106K	$2.35	Direct
transaction	LGVN	Warrant (right to buy)	Purchase	$5.32K	+42.6K		$0.13^*	42.6K	Apr 11, 2024	Class A Common Stock	42.6K	$2.35	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Since the date of the reporting person's last ownership report on Table I, he transferred 298,483 shares of Class B common stock to his ex-spouse pursuant to a domestic relations order. The reporting person retains voting, but not dispositive or economic rights, with respect to the shares, pursuant to the terms of a Voting Agreement. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.
F2	Amount includes 462,807 shares of Class B common stock, which is not registered under the Securities Exchange Act of 1934, as amended. Holders of Class B common stock have identical rights to holders of common stock, except that holders of Class B common stock are entitled to 5 votes for each share held of record. Each share of Class B common stock is convertible at any time, at the option of the holder, into one share of common stock.

Content

Since the date of the reporting person's last ownership report on Table I, he transferred 298,483 shares of Class B common stock to his ex-spouse pursuant to a domestic relations order. The reporting person retains voting, but not dispositive or economic rights, with respect to the shares, pursuant to the terms of a Voting Agreement. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.

Amount includes 462,807 shares of Class B common stock, which is not registered under the Securities Exchange Act of 1934, as amended. Holders of Class B common stock have identical rights to holders of common stock, except that holders of Class B common stock are entitled to 5 votes for each share held of record. Each share of Class B common stock is convertible at any time, at the option of the holder, into one share of common stock.