GROWLIFE, INC. 4
4 · GROWLIFE, INC. · Filed Oct 25, 2016
Insider Transaction Report
Form 4
GROWLIFE, INC.PHOT
SCOTT MARK E
DirectorConsulting CFO
Transactions
- Other
Common Stock
2016-10-21$0.01/sh+4,000,000$40,000→ 7,000,000 total - Other
Option to purchase Common Stock
2016-10-21$0.01/sh−12,000,000$120,000→ 2,000,000 totalExercise: $0.01Exp: 2019-06-30→ Common Stock (12,000,000 underlying) - Award
Common Stock
2016-10-21$0.01/sh+6,000,000$60,000→ 13,000,000 total
Holdings
- 4,000,000
Option to purchase Common Stock
Exercise: $0.01Exp: 2019-06-30→ Common Stock (2,000,000 underlying)
Footnotes (4)
- [F1]The Date Exercisable varies with the Option vesting dates. Option shares vest monthly over thirty six months beginning on the 07/01/2014 Vesting Commencement Date. Option has a 5 year life and cashless exercise.
- [F2]The Date Exercisable varies with the Option vesting date. Option shares vest immediately upon closing of an acquisition, completion of integration and filing of the Form 8-K with audited financial statements. Option has a 5 year life and cashless exercise.
- [F3]Shares issued for conversion of $40,000 debt.
- [F4]Cancellation of Options.