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4//SEC Filing

BINDER JEFFREY I 4

Accession 0001185185-18-000670

CIK 0001522222other

Filed

Apr 9, 8:00 PM ET

Accepted

Apr 10, 8:52 PM ET

Size

6.6 KB

Accession

0001185185-18-000670

Insider Transaction Report

Form 4
Period: 2018-04-06
BINDER JEFFREY I
DirectorChairman, President and CEO10% Owner
Transactions
  • Other

    Convertible Promissory Note

    2018-04-06$37500.00/sh120,000 total
    Exercise: $0.31From: 2018-04-06Common Stock (120,000 underlying)
Holdings
  • Common Stock

    8,473,527
Footnotes (3)
  • [F1]This Note bears interest at the rate of 10% per annum. At the election of the Reporting Person, all principal and accrued interest under the Note may be converted into the Issuer's common stock. For each $0.3125 converted, the Reporting Person will receive one share of common stock.
  • [F2]The Note is convertible, at the election of the Reporting Person, at any time prior to payment or prepayment in full and matures on April 1, 2021.
  • [F3]Excludes shares issuable at the election of the Reporting Person upon conversion of accrued interest (both past and future) into shares of common stock.

Issuer

CLS Holdings USA, Inc.

CIK 0001522222

Entity typeother

Related Parties

1
  • filerCIK 0001033035

Filing Metadata

Form type
4
Filed
Apr 9, 8:00 PM ET
Accepted
Apr 10, 8:52 PM ET
Size
6.6 KB