SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Vanderhider James Michael

(Last) (First) (Middle)
C/O 374WATER INC.
701 W. MAIN STREET, SUITE 410

(Street)
DURHAM NC 27701

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/13/2022
3. Issuer Name and Ticker or Trading Symbol
374Water Inc. [ SCWO ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 1,170,000 I See Footnote(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant to Purchase Common Stock (2) (2) Common Stock 35,000 $2.5 I See Footnote(1)
Option to Purchase Common Stock (3) (3) Common Stock 20,000 $3 D
Explanation of Responses:
1. All 1,170,000 shares and the warrant to purchase 35,000 shares are owned and held by Aspen View LP. The Reporting Person has sole voting and dispositive power over the securities held by Aspen View LP.
2. This warrant was issued on December 17, 2021 in connection with a private placement of the Issuer in which the Reporting Person participated. This warrant Is currently exercisable and expires on December 17, 2024.
3. This option to purchase common stock was granted on June 13, 2022 and vests in four equal quarterly share installments. Reporting Person must be a member of the Board of Directors of the Issuer as of each vesting date. This option expires on June 12, 2032.
/s/ James M. Vanderhider 06/23/2022
** 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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.