Closner Neil 4
4 · Greenlane Holdings, Inc. · Filed Apr 28, 2020
Insider Transaction Report
Form 4
Closner Neil
Director
Transactions
- Conversion
Convertible Notes
2019-04-23−14,705→ 0 total(indirect: By NQC Investment Corp.)→ Class A common stock (14,705 underlying) - Conversion
Class A common stock
2019-04-23+14,705→ 14,705 total(indirect: By NQC Investment Corp.)
Footnotes (3)
- [F1]The Reporting Person acquired 14,705 shares of Class A common stock upon the conversion of an equal number of convertible prommisory notes (the "Convertible Notes") purchased from Greenlane Holdings, LLC, the Issuer's operating partnership. The Convertible Notes automatically settled into shares of the Issuer's Class A common stock in connection with the initial public offering by the Issuer of its Class A common stock on April 23, 2019.
- [F2]Represents Mr. Closner's pecuniary interest in the Class A common stock held by NQC Investment Corp.
- [F3]Represents Mr. Closner's pecuniary interest in the Convertible Notes held by NQC Investment Corp.