TODD R. WAGNER - 23 Feb 2022 Form 4 Insider Report for H-CYTE, INC. (HCYT)

Role: 10%+ Owner
Signature: /s/ Todd R. Wagner
Issuer symbol: HCYT
Transactions as of: 23 Feb 2022
Net transactions value: +$1,165,049
Form type: 4
Filing time: 25 Feb 2022, 15:11:43 UTC
Next filing: 18 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HCYT	COMMON STOCK	Options Exercise	$582,524	+41,608,884		$0.0140	41,608,884	23 Feb 2022	(SEE FOOTNOTE)	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	HCYT	STOCK PURCHASE WARRANTS	Options Exercise		-41,608,884	-16%		224,259,729	23 Feb 2022	COMMON STOCK	41,608,884	$0.0140	(SEE FOOTNOTE)	F1, F2
transaction	HCYT	STOCK PURCHASE WARRANTS	Award	$582,524	+41,608,884		$0.0140	41,608,884	23 Feb 2022	COMMON STOCK	41,608,884	$0.0140	(SEE FOOTNOTE)	F1

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

Explanation of Responses:

Id	Content
F1	Held directly by FWHC Bridge, LLC (Bridge), and indirectly by Todd R. Wagner, the sole manager of Bridge. Each of the reporting persons disclaims beneficial ownership of the securities except to the extent of its or his pecuniary interest therein.
F2	Received in connection with variable conversion price notes. No additional consideration was paid for warrants. Exercise price became fixed at closing of Qualified Financing.