Home/Filings/4/0002059001-25-000002
4//SEC Filing

Gibson Todd Lawrence 4

Accession 0002059001-25-000002

CIK 0001978133other

Filed

Mar 4, 7:00 PM ET

Accepted

Mar 5, 1:32 PM ET

Size

20.5 KB

Accession

0002059001-25-000002

Insider Transaction Report

Form 4
Period: 2025-02-13
Gibson Todd Lawrence
DirectorCEO10% Owner
Transactions
  • Other

    Performance Share Units

    2025-02-20388,8880 total
    Common (388,888 underlying)
  • Other

    Common

    2025-02-20+388,888878,018 total
  • Other

    Common

    2025-02-20+888,8881,766,906 total
  • Award

    Options

    2025-02-13$0.10/sh+1,375,000$144,3751,619,565 total
    Exercise: $0.10From: 2025-02-13Exp: 2032-02-12Common (1,375,000 underlying)
  • Other

    Restricted Share Units

    2025-02-20888,888186,666 total
    Common (888,888 underlying)
Holdings
  • Restricted Share Units

    From: 2025-04-01Common (186,666 underlying)
    1,075,554
  • Common

    (indirect: By Trust)
    5,987,396
  • Common

    489,130
  • Performance

    (indirect: By Trust)
    2,500,000
  • Performance Share Units

    Common (388,888 underlying)
    388,888
  • Options

    Exercise: $1.16From: 2024-06-10Exp: 2030-03-10Common (244,565 underlying)
    244,565
  • Restricted Share Units

    From: 2025-01-01Common (888,888 underlying)
    888,888
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.

Issuer

YERBAE BRANDS CORP.

CIK 0001978133

Entity typeother

Related Parties

1
  • filerCIK 0002059001

Filing Metadata

Form type
4
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 1:32 PM ET
Size
20.5 KB