Brady W. Dougan - 18 Nov 2024 Form 4 Insider Report for Humacyte, Inc. (HUMA)

Role
Director
Signature
/s/ Brady W. Dougan by Dale A. Sander as Attorney-in-Fact
Issuer symbol
HUMA
Transactions as of
18 Nov 2024
Transactions value $
-$6,606,799
Form type
4
Date filed
20 Nov 2024, 19:02
Previous filing
11 Sep 2024
Next filing
21 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUMA Common Stock Sale -$3.6M -811K -25.11% $4.44 2.42M 18 Nov 2024 By Ayabudge LLC F1, F2
transaction HUMA Common Stock Sale -$1.86M -427K -17.67% $4.34 1.99M 19 Nov 2024 By Ayabudge LLC F1, F3
transaction HUMA Common Stock Sale -$1.15M -261K -13.12% $4.40 1.73M 20 Nov 2024 By Ayabudge LLC F1, F4
holding HUMA Common Stock 510K 18 Nov 2024 Direct
holding HUMA Common Stock 1.15M 18 Nov 2024 By The Niklason Living Trust
holding HUMA Common Stock 242K 18 Nov 2024 By spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales were made by Ayabudge LLC, an entity controlled by Brady W. Dougan. The transactions enabled Mr. Dougan to pay down leverage while providing a mechanism for investors to acquire shares of the Issuer at a time that the Issuer was not conducting a financing transaction and was not making any additional shares available for purchase.
F2 The price is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $4.26 to $4.62. The Reporting Person undertakes to provide upon request to the SEC staff, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $4.15 to $4.455. The Reporting Person undertakes to provide upon request to the SEC staff, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $4.29 to $4.54. The Reporting Person undertakes to provide upon request to the SEC staff, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.