4//SEC Filing
Jacoby & Co. Inc. 4
Accession 0000925421-21-000030
CIK 0001743745other
Filed
Jan 7, 7:00 PM ET
Accepted
Jan 8, 5:04 PM ET
Size
15.3 KB
Accession
0000925421-21-000030
Insider Transaction Report
Form 4
Jacoby & Co. Inc.
10% Owner
Transactions
- Conversion
Class C Common Stock
2021-01-06−1,950,000→ 61,721,013 total - Conversion
Common Units
2020-09-18−235,000→ 21,223,671 total→ Class A Common Stock (235,000 underlying) - Conversion
Class C Common Stock
2020-07-16−450,000→ 64,376,013 total - Conversion
Class C Common Stock
2020-09-18−705,000→ 63,671,013 total - Conversion
Common Units
2020-07-16−150,000→ 21,458,671 total→ Class A Common Stock (132,000 underlying) - Conversion
Common Units
2021-01-06−650,000→ 20,573,671 total→ Class A Common Stock (650,000 underlying)
Footnotes (5)
- [F1]Pursuant to the Third Amended and Restated Operating Agreement of Greenlane Holdings, LLC (the "Operating Company"), the common membership interests in the Operting Company (the "Common Units") are redeemable on a one-for-one basis for shares of Class A Common Stock of the Issuer, or, at the election of the Issuer, cash equal to a volume weighted average market price of a share of Class A Common Stock. Upon any redemption of Common Units, three shares of Class C Common Stock are automatically forfeited and cancelled for each Common Unit so redeemed.
- [F2]On July 16, 2020, the Reporting Person redeemed a total of 150,000 Comon Units for shares of Class A Common Stock, which were distributed to the shareholders of the Reporting Person. 450,000 shares of Class C Common Stock were subsequently cancelled.
- [F3]On September 18, 2020, the Reporting Person redeemed a total of 235,000 Common Units for shares of Class A Common Stock, which were distributed to the shareholders of the Reporting Person. 705,000 shares of Class C Common Stock were subsequently cancelled.
- [F4]On January 6, 2021, the Reporting Person redeemed a total of 650,000 Common Units for shares of Class A Common Stock, which were distributed to the shareholders of the Reporting Person. 1,950,000 shares of Class C Common Stock were subsequently cancelled.
- [F5]The Common Units have no expiration date.
Documents
Issuer
Greenlane Holdings, Inc.
CIK 0001743745
Entity typeother
IncorporatedNV
Related Parties
1- filerCIK 0001773421
Filing Metadata
- Form type
- 4
- Filed
- Jan 7, 7:00 PM ET
- Accepted
- Jan 8, 5:04 PM ET
- Size
- 15.3 KB