4//SEC Filing
Smith Seth Aaron 4
Accession 0002060200-25-000003
CIK 0001978133other
Filed
Apr 24, 8:00 PM ET
Accepted
Apr 25, 4:19 PM ET
Size
15.5 KB
Accession
0002060200-25-000003
Insider Transaction Report
Form 4
YERBAE BRANDS CORP.YERBF
Smith Seth Aaron
Vice President of Sales
Transactions
- Other
Common
2025-04-23+133,000→ 517,857 total - Other
Performance Share Units
2025-04-23−133,000→ 0 total→ Common (133,000 underlying)
Holdings
- 456,635
Options
Exercise: $1.16From: 2024-06-10Exp: 2030-03-10→ Common (217,391 underlying) - 675,385
Options
Exercise: $0.96From: 2026-04-01Exp: 2031-01-01→ Common (218,750 underlying) - 1,115,385
Options
Exercise: $0.10From: 2025-02-13Exp: 2032-02-12→ Common (440,000 underlying) - 159,496
Options
Exercise: $0.63From: 2023-02-08Exp: 2028-07-10→ Common (159,496 underlying) - 384,857
Common
- 133,000
Performance Share Units
→ Common (133,000 underlying) - 239,244
Options
Exercise: $0.63From: 2023-02-08Exp: 2030-03-25→ Common (79,748 underlying)
Footnotes (4)
- [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]The Options vest on the date of grant.
- [F4]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.
Documents
Issuer
YERBAE BRANDS CORP.
CIK 0001978133
Entity typeother
Related Parties
1- filerCIK 0002060200
Filing Metadata
- Form type
- 4
- Filed
- Apr 24, 8:00 PM ET
- Accepted
- Apr 25, 4:19 PM ET
- Size
- 15.5 KB