4//SEC Filing
Ollet John 4
Accession 0000844856-21-000088
CIK 0000844856other
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 10:00 PM ET
Size
8.7 KB
Accession
0000844856-21-000088
Insider Transaction Report
Form 4
Ollet John
Chief Financial Officer
Transactions
- Disposition to Issuer
Common Stock
2021-06-29−412,500,000→ 2,475,000,000 total
Holdings
- 4,000,000,000
Employee Stock Option
Exercise: $0.00Exp: 2027-08-30→ Common Stock (4,000,000,000 underlying) - 1,000,000,000
Employee Stock Option
Exercise: $0.00Exp: 2026-12-12→ 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 412,500,000 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 412,500,000 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]These options are all 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 19.99% 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 0001692547
Filing Metadata
- Form type
- 4
- Filed
- Jun 28, 8:00 PM ET
- Accepted
- Jun 29, 10:00 PM ET
- Size
- 8.7 KB