Oster Seth 4

Accession 0001104659-20-117729

CIK 0001477009other

Filed

Oct 22, 8:00 PM ET

Accepted

Oct 23, 4:28 PM ET

Size

26.2 KB

Accession

0001104659-20-117729

Form 4

Period: 2020-09-11

Director

Transactions

Award
Option
2020-09-11+100,000→ 100,000 total
Exercise: $1.10Exp: 2026-08-09→ Common Stock (100,000 underlying)
Disposition to Issuer
Option
2020-09-11−75,000→ 0 total
Exercise: $0.67Exp: 2024-10-02→ Common Stock (75,000 underlying)
Award
Option
2020-09-11+37,500→ 37,500 total
Exercise: $0.31From: 2020-09-11Exp: 2027-09-11→ Common Stock (37,500 underlying)
Disposition to Issuer
Option
2020-09-11−100,000→ 0 total
Exercise: $1.10Exp: 2024-08-09→ Common Stock (100,000 underlying)
Award
Option
2020-09-11+37,500→ 37,500 total
Exercise: $0.67Exp: 2027-01-21→ Common Stock (37,500 underlying)
Award
Option
2020-09-11+37,500→ 37,500 total
Exercise: $0.31From: 2020-09-11Exp: 2027-09-11→ Common Stock (37,500 underlying)
Disposition to Issuer
Option
2020-09-11−37,500→ 0 total
Exercise: $0.67Exp: 2025-01-21→ Common Stock (37,500 underlying)
Disposition to Issuer
Option
2020-09-11−37,500→ 0 total
Exercise: $0.39Exp: 2025-04-22→ Common Stock (37,500 underlying)
Award
Option
2020-09-11+37,500→ 37,500 total
Exercise: $0.39Exp: 2027-04-22→ Common Stock (37,500 underlying)
Award
Option
2020-09-11+75,000→ 75,000 total
Exercise: $0.67Exp: 2026-10-02→ Common Stock (75,000 underlying)

Footnotes (5)

[F1]The reporting person obtained the listed securities pursuant to the Issuer's 2014 Equity Incentive Plan.
[F2]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of replacement option. The option was originally granted on August 9, 2019 and provides vesting over a one year period.
[F3]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of replacement option. The option was originally granted on October 2, 2019 and provides vesting over a one year period. The new option is immediately exercisable.
[F4]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of replacement option. The option was originally granted on January 21, 2020 and provides vesting over a one year period. The new option is immediately exercisable.
[F5]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of replacement option. The option was originally granted on April 22, 2020 and provides vesting over a one year period. The new option is immediately exercisable.

Documents

1 file

GENERAL CANNABIS CORP

CIK 0001477009

Entity typeother