DST Capital LLC - 06 Apr 2023 Form 4 Insider Report for Biostage, Inc. (BSTG)

Role: 10%+ Owner
Signature: /s/ Joseph Damasio, by power of attorney
Issuer symbol: BSTG
Transactions as of: 06 Apr 2023
Net transactions value: +$375,000
Form type: 4
Filing time: 10 Apr 2023, 17:00:08 UTC
Previous filing: 09 Dec 2022
Next filing: 07 Aug 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BSTG	Common Stock	Purchase	$375,000	+62,500	+1.7%	$6.00	3,725,825	06 Apr 2023	Direct	F1
holding	BSTG	Common Stock						30,722	06 Apr 2023	Owned by sole member of reporting person

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	BSTG	Warrants (right to buy)	Other	$0	+110,000	+367%	$0.000000	140,000	06 Apr 2023	Common Stock	110,000	$2.00	Direct	F2

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

Explanation of Responses:

Id	Content
F1	On March 31, 2023, the Issuer and the Reporting Person entered into a securities purchase agreement pursuant to which on April 6, 2023 the Reporting Person acquired 62,500 shares of the Issuer's common stock, $0.01 par value (the "Shares") from the Issuer in a private placement. The aggregate subscription amount paid by the Reporting Person for the Shares was $375,000.
F2	These warrants were transferred by the Reporting Person to two unaffiliated persons.