Raines William F III 4
4 · cbdMD, Inc. · Filed Jan 16, 2020
Insider Transaction Report
Form 4
cbdMD, Inc.YCBD
Raines William F III
Director
Transactions
- Purchase
Common Stock
2020-01-14$1.00/sh+20,000$20,000→ 113,924 total(indirect: See Footnote)
Footnotes (1)
- [F1]The number of shares acquired by Mr. Raines as reported in this Form 4 were purchased by him individually. The number of shares of common stock beneficially owned by Mr. Raines after giving effect to this acquisition includes (i) 21,342 shares held by him directly, and (ii) 92,582 shares held of record by Board Investor Group II, LLC. Mr. Raines, in his position as Chief Executive Officer of Board Investor Group II, LLC, has voting and dispositive control over securities held by Board Investor Group II, LLC. Mr. Raines disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.