Innoveren Scientific (IVRN) Form 4 H-CYTE / J REX FARRIOR III ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

FARRIOR J REX III

(Last) (First) (Middle)

1306 W KENNEDY BOULEVARD

(Street)

TAMPA FL 33606

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
H-CYTE, INC. [ HCYT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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
COMMON STOCK	02/23/2022		M		693,477	A	$0.014	16,211,588	I	(SEE FOOTNOTE)(1)

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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
STOCK PURCHASE WARRANTS	$0.014	02/23/2022		M			693,477	09/24/2020	09/24/2030	COMMON STOCK	693,477	(2)	6,794,586	I	(SEE FOOTNOTE)(1)
STOCK PURCHASE WARRANTS	$0.014	02/23/2022		A		693,477		02/23/2022	02/23/2027	COMMON STOCK	693,477	$0.014	693,477	I	(SEE FOOTNOTE)(1)

1. Name and Address of Reporting Person^*

FARRIOR J REX III

(Last) (First) (Middle)

1306 W KENNEDY BOULEVARD

(Street)

TAMPA FL 33606

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

FWHC HOLDINGS, LLC

(Last) (First) (Middle)

1306 W KENNEDY BOULEVARD

(Street)

TAMPA FL 33606

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

HOA CAPITAL LLC

(Last) (First) (Middle)

1306 W KENNEDY BOULEVARD

(Street)

TAMPA FL 33606

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

FWHC BRIDGE FRIENDS, LLC

(Last) (First) (Middle)

1306 W KENNEDY BOULEVARD

(Street)

TAMPA FL 33606

(City) (State) (Zip)

Explanation of Responses:

1. Common stock held directly by FWHC Holdings, LLC (FHWC) and FWHC Bridge Friends, LLC (Bridge Friends), Series A preferred stock and warrants held directly by Bridge Friends. All held indirectly by HOA Capital LLC (HOA), the sole manager of FWHC and Bridge Friends, and J. Rex Farrior, III, the sole manager of HOA. Each of the reporting persons disclaims beneficial ownership of the securities except to the extent of its or his pecuniary interest therein.

2. Received in connection with variable conversion price notes. No additional consideration was paid for warrants. Exercise price became fixed at closing of Qualified Financing.

	/s/ J. Rex Farrior, III	02/25/2022
	/s/ J. Rex Farrior, III, o/b/o FWHC Holdings, LLC	02/25/2022
	/s/ J. Rex Farrior, III, o/b/o HOA Capital LLC	02/25/2022
	/s/ J. Rex Farrior, III, o/b/o FWHC Bridge Friends, LLC	02/25/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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