4//SEC Filing
Panariello Anthony 4
Accession 0000844856-21-000027
CIK 0000844856other
Filed
Mar 30, 8:00 PM ET
Accepted
Mar 31, 8:23 AM ET
Size
7.5 KB
Accession
0000844856-21-000027
Insider Transaction Report
Form 4
Panariello Anthony
Director
Transactions
- Disposition to Issuer
Common Stock
2021-03-30−68,750,000→ 481,250,000 total
Holdings
- 1,000,000,000
Employee Stock Option
Exercise: $0.00Exp: 2027-02-01→ Common Stock (1,000,000,000 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 68,750,000 increments on the last day of each of the next seven calendar quarters commencing June 30, 2021, provided the Reporting Person has provided continuous service to the Issuer through the applicable vesting date. Reporting Person voluntarily forfeited 68,750,000 shares of restricted stock that were to vest on March 31, 2021. The forfeited restricted stock will be deemed authorized but unissued common stock and will be available for future issuance by the Company.
- [F2]The Issuer's officers and directors each voluntarily agreed to forfeit 12.5% of their unvested restricted common stock.
- [F3]The options are fully vested.
- [F4]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 4.99% of all of the common stock of the Issuer outstanding at such time.
Documents
Issuer
Healthier Choices Management Corp.
CIK 0000844856
Entity typeother
Related Parties
1- filerCIK 0001697353
Filing Metadata
- Form type
- 4
- Filed
- Mar 30, 8:00 PM ET
- Accepted
- Mar 31, 8:23 AM ET
- Size
- 7.5 KB