Panariello Anthony 4
4 · Healthier Choices Management Corp. · Filed Jun 29, 2021
Insider Transaction Report
Form 4
Panariello Anthony
Director
Transactions
- Disposition to Issuer
Common Stock
2021-06-29−68,750,000→ 412,500,000 total
Holdings
- 1,000,000,000
Employee Stock Option
Exercise: $0.00Exp: 2027-02-01→ Common Stock (1,000,000,000 underlying)
Footnotes (3)
- [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 six calendar quarters commencing September 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 June 30, 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 14.28% of their unvested restricted common stock.
- [F3]The options are fully vested.