4//SEC Filing
Johnson Andrew L. 4
Accession 0001415889-21-000478
CIK 0001552189other
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 1:56 PM ET
Size
8.1 KB
Accession
0001415889-21-000478
Insider Transaction Report
Form 4
Exactus, Inc.EXDI
Johnson Andrew L.
CHIEF STRATEGY OFFICER
Transactions
- Award
Options to purchase common stock
2021-01-22$0.03/sh+3,500,000$87,500→ 3,500,000 totalExercise: $0.03From: 2021-01-22Exp: 2023-01-22→ Common stock (3,500,000 underlying) - Award
Common Stock
2021-01-22$0.03/sh+8,186,240$204,656→ 12,792,490 total
Footnotes (3)
- [F1]The reporting person was issued a total of 8,186,240 shares of common stock in payment of accrued compensation, reimbursable expenses, and loans advanced to the company.
- [F2]Consists of 8,498,740 shares of common stock, together with: (i) options to purchase 31,250 shares of common stock at a price of $0.96 per share, exercisable until 1/15/29; (ii) options to purchase 12,500 shares of common stock at a price of $0.32 per share, exercisable until 1/15/29; (iii) options to purchase 750,000 shares of common stock at a price of $0.32 per share, exercisable until 3/12/29; and (iv) options to purchase 3,500,00 shares of common stock at a price of $0.025 per share, exercisable until 1/22/23.
- [F3]The reporting person was granted two year options to purchase 3,500,000 shares of Common Stock at an exercise price of $0.025 per share. Provided Mr. Johnson has not resigned or been removed prior to vesting, fifty (50%) percent of such amount shall vest upon issuance and fifty (50%) percent upon the closing of any acquisition with a combined value (target and the Corporation) in excess of five million ($5,000,000) dollars.
Documents
Issuer
Exactus, Inc.
CIK 0001552189
Entity typeother
Related Parties
1- filerCIK 0001773143
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 1:56 PM ET
- Size
- 8.1 KB