Jeffrey Alan Wolf - Dec 13, 2021 Form 4 Insider Report for HEAT BIOLOGICS, INC. (NHWK)

Role
Chief Executive Officer, Director
Signature
/s/ Jeffrey Alan Wolf
Stock symbol
NHWK
Transactions as of
Dec 13, 2021
Transactions value $
$0
Form type
4
Date filed
12/15/2021, 04:12 PM
Next filing
Dec 27, 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NHWK Common Stock Award $0 +246K +29.8% $0.00 1.07M Dec 13, 2021 Direct F1, F2
holding NHWK Common Stock 11K Dec 13, 2021 See Footnotes F2, F3
holding NHWK Common Stock 10.2K Dec 13, 2021 See Footnotes F2, F4

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 NHWK Stock Option (right to buy) Award $0 +394K $0.00 394K Dec 13, 2021 Common Stock 394K $4.06 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted shares of Heat Biologics, Inc. (the "Company") common stock, par value $0.0002 per share (the "Common Stock"), vest as follows: 1/2 vest immediately and the remaining 1/2 vest and are no longer subject to forfeiture on January 1, 2022, subject to the reporting person's continued service to the Company.
F2 Does not include 3,781 shares held by Mr. Wolf's children's trust (the "Trust"). Mr. Wolf is not the trustee, nor does he claim beneficial ownership of the Trust. Mr. Wolf disclaims beneficial ownership of the shares of Common Stock held by the Trust, Orion (as defined below), and Seed-One (as defined below), except to the extent of any pecuniary interest (as defined in Rule 16a-1(a)(2) promulgated under the Securities Exchange Act of 1934, as amended) that he may have in such entities.
F3 Held by Orion Holdings V, LLC ("Orion"). Mr. Wolf is managing member of Orion.
F4 Held by Seed-One Holdings VI, LLC ("Seed-One"). Mr. Wolf is managing member of Seed-One.
F5 The stock options to purchase 393,761 shares of Common Stock vest on the two-year anniversary of the date of grant, subject to the reporting person's continued service to the Company.