Sec Form 4 Filing - Horne William E @ H-CYTE, INC. - 2020-09-24

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Horne William E
2. Issuer Name and Ticker or Trading Symbol
H-CYTE, INC. [ HCYT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
201 E KENNEDY BLVD, SUITE 700
3. Date of Earliest Transaction (MM/DD/YY)
09/24/2020
(Street)
TAMPA,, FL33606
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
SERIES A PREFERRED STOCK ( 1 ) 09/24/2020 J( 1 ) 3,655,382 ( 2 ) 09/24/2020 ( 3 ) COMMON STOCK 3,655,382 $ 0.014 3,655,382 I SEE FOOTNOTE ( 2 )
STOCK PURCHASE WARRANTS $ 0.014 09/24/2020 J( 4 ) 1,869,667 ( 2 ) 09/24/2020 ( 5 ) COMMON STOCK 1,869,667 ( 4 ) 1,869,667 I SEE FOOTNOTE ( 2 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Horne William E
201 E KENNEDY BLVD, SUITE 700
TAMPA,, FL33606
X
Signatures
/s/ William E. Horne 04/29/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Received upon conversion of variable conversion price notes at closing of Qualified Financing. Conversion price became fixed at such closing. Series A stock is convertible into common stock on a 1:1 basis.
( 2 )Pursuant to a registered rights offering on September 11, 2020, the Company issued 10,966,145 shares of its Series A Preferred Stock and 5,609,002 warrants to Uyona Management II, LLC. The reporting person has 1/3 ownership of Uyona Management II, LLC. While the rights offering expired on September 11, 2020, it was not consummated until September 24, 2020.
( 3 )Redeemable at option of requisite number of holders in specified circumstances.
( 4 )Received in connection with variable conversion price notes. No additional consideration was paid for warrants. Exercise price became fixed at closing of Qualified Financing.
( 5 )Not applicable.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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