4//SEC Filing
Gibson Karrie Lynn 4
Accession 0002059000-25-000002
CIK 0001978133other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:36 PM ET
Size
20.5 KB
Accession
0002059000-25-000002
Insider Transaction Report
Form 4
YERBAE BRANDS CORP.YERBF
Gibson Karrie Lynn
DirectorCOO and CFO10% Owner
Transactions
- Other
Restricted Share Units
2025-02-20−722,222→ 186,666 total→ Common (722,222 underlying) - Other
Common
2025-02-20+305,555→ 740,337 total - Other
Common
2025-02-20+722,222→ 1,462,559 total - Other
Performance Share Units
2025-02-20−305,555→ 0 total→ Common (305,555 underlying) - Award
Options
2025-02-13$0.10/sh+1,325,000$139,125→ 1,542,391 totalExercise: $0.10From: 2025-02-13Exp: 2032-02-12→ Common (1,325,000 underlying)
Holdings
- 305,555
Performance Share Units
→ Common (305,555 underlying) - 722,222
Restricted Share Units
From: 2025-01-01→ Common (722,222 underlying) - 908,888
Restricted Share Units
From: 2025-04-01→ Common (186,666 underlying) - 217,391
Options
Exercise: $1.16From: 2024-06-10Exp: 2030-03-10→ Common (217,391 underlying) - 5,987,396(indirect: By Trust)
Common
- 434,782
Common
- 2,500,000(indirect: By Trust)
Performance
Footnotes (6)
- [F1]All PSUs vest contingent upon and at the time the Company reaches US$18,500,000 in net sale and raises at least US$10,000,000 in funds to support working capital needs and at least 12 months have elapsed from the date of grant.
- [F2]Vesting of PSUs. On February 13, 2025, the Board approved the immediate vesting of all outstanding PSUs despite the performance criteria of such PSUs not having been met by the Company.
- [F3]All Options vest as to: (i) 25% 15 months following the date of grant; (ii) 25% 18 months following the date of grant, (iii) 25% 21 months following the date of grant; and (iv) 25% 24 months following the date of grant.
- [F4]The Options vest on the date of grant.
- [F5]The RSUs vest 12 months from the date of the RSU Award.
- [F6]Vesting of RSUs.
Documents
Issuer
YERBAE BRANDS CORP.
CIK 0001978133
Entity typeother
Related Parties
1- filerCIK 0002059000
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:36 PM ET
- Size
- 20.5 KB