22nd Century Group, Inc. 4
4 · 22nd Century Group, Inc. · Filed Mar 12, 2014
Insider Transaction Report
Form 4
Pandolfino Joseph
DirectorCHIEF EXECUTIVE OFFICER10% Owner
Transactions
- Sale
Common Stock
2014-03-12$5.05/sh−30,000$151,500→ 6,014,935 total - Exercise/Conversion
Warrant to Purchase
2014-03-10−12,000→ 0 totalExercise: $0.60From: 2012-05-15Exp: 2017-05-15→ Common Stock (0 underlying) - Exercise/Conversion
Common Stock
2014-03-10$0.60/sh+112,000$67,200→ 6,109,935 total - Sale
Common Stock
2014-03-10$6.04/sh−65,000$392,600→ 6,044,935 total - Exercise/Conversion
Warrant to Purchase
2014-03-10−100,000→ 140,000 totalExercise: $0.60From: 2012-11-09Exp: 2017-11-09→ Common Stock (140,000 underlying)
Holdings
- 180,047
Warrant to Purchase
Exercise: $1.15From: 2012-02-08Exp: 2017-02-08→ Common Stock (180,047 underlying) - 47,088
Warrant to Purchase
Exercise: $1.20From: 2011-01-25Exp: 2016-01-25→ Common Stock (47,088 underlying) - 1,903,136
Warrant to Purchase
Exercise: $2.21From: 2011-01-25Exp: 2016-01-26→ Common Stock (1,903,136 underlying)
Footnotes (3)
- [F1]The price reported is an average weighted price. These shares were sold in multiple transactions at prices ranging from $5.80 to $6.24, inclusive. The reporting person undertakes to provide to 22nd Century Group, Inc., any security holder of 22nd Century Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- [F2]The price reported is an average weighted price. These shares were sold in multiple transactions at prices ranging from $4.89 to $5.24, inclusive. The reporting person undertakes to provide to 22nd Century Group, Inc., any security holder of 22nd Century Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- [F3]The exercise price and/or number of shares underlying this security are subject to adjustment as set forth in the applicable warrant agreement.