Ollet John 4
4 · Healthier Choices Management Corp. · Filed Feb 17, 2021
Insider Transaction Report
Form 4
Ollet John
Chief Financial Officer
Transactions
- Award
Common Stock
2021-02-12+300,000,000→ 300,000,000 total
Holdings
- 1,000,000
Employee Stock Option
Exercise: $0.00Exp: 2026-12-12→ Common Stock (1,000,000 underlying) - 3,000,000,000
Common Stock
- 4,000,000
Employee Stock Option
Exercise: $0.00Exp: 2027-08-30→ Common Stock (4,000,000 underlying)
Footnotes (4)
- [F1]Shares of common stock granted pursuant to a time-based restricted stock award (RSA). This restricted common stock shall vest in 12.5% increments on the last day of each of the next eight calendar quarters commencing March 31, 2021, provided the Reporting Person has provided continuous service to the Issuer through the applicable vesting date.
- [F2]These options are all fully vested.
- [F3]Pursuant to the terms of the option agreement between the holder and the Issuer, the option may not be exercised if the exercise would result in the holder beneficially owning (as determined in accordance with Section 13(d) of the Securities Exchange Act of 1934) in excess of 19.99% of all of the common stock of the Issuer outstanding at such time.
- [F4]Options vest as follows: 250,000,000 as of May 15, 2017; 250,000,000 as of November 15, 2017; 250,000,000 as of May 15, 2018 and 250,000,000 as of November 15, 2018.