CLS Holdings USA, Inc.·4

Mar 14, 9:24 PM ET

Koretsky Frank 4

4 · CLS Holdings USA, Inc. · Filed Mar 14, 2018

Insider Transaction Report

Form 4
Period: 2018-03-12
Koretsky Frank
Director10% Owner
Transactions
  • Exercise/Conversion

    Common Stock

    2018-03-12$0.31/sh+236,810$74,0034,767,785 total(indirect: See Footnote)
  • Exercise/Conversion

    Common Stock

    2018-03-12$0.31/sh+377,898$118,0935,246,208 total(indirect: See Footnote)
  • Exercise/Conversion

    Common Stock

    2018-03-12$0.31/sh+29,786$9,30812,127,050 total
  • Exercise/Conversion

    Common Stock

    2018-03-12$0.31/sh+50,307$15,72112,248,448 total
  • Exercise/Conversion

    Common Stock

    2018-03-12$0.31/sh+50,685$15,8391,921,673 total(indirect: See Footnote)
  • Exercise/Conversion

    Common Stock

    2018-03-12$0.31/sh+9,027$2,8211,930,700 total(indirect: See Footnote)
  • Exercise/Conversion

    Common Stock

    2018-03-12$0.31/sh+427,187$133,4962,357,887 total(indirect: See Footnote)
  • Exercise/Conversion

    Common Stock

    2018-03-12$0.31/sh+2,173,088$679,0904,530,975 total(indirect: See Footnote)
  • Exercise/Conversion

    Common Stock

    2018-03-12$0.31/sh+100,525$31,4144,868,310 total(indirect: See Footnote)
  • Exercise/Conversion

    Common Stock

    2018-03-12$0.31/sh+71,091$22,21612,198,141 total
  • Exercise/Conversion

    Common Stock

    2018-03-12$0.31/sh+27,805$8,68912,276,253 total
  • Exercise/Conversion

    Convertible Promissory Note

    2018-03-12$0.31/sh0 total(indirect: See Footnote)
    Exercise: $0.31From: 2017-01-10Common Stock (50,685 underlying)
  • Exercise/Conversion

    Convertible Promissory Note

    2018-03-12$0.31/sh0 total(indirect: See Footnote)
    Exercise: $0.31From: 2017-01-10Common Stock (9,027 underlying)
  • Exercise/Conversion

    Convertible Promissory Note

    2018-03-12$0.31/sh0 total(indirect: See Footnote)
    Exercise: $0.31From: 2017-03-31Common Stock (427,187 underlying)
  • Exercise/Conversion

    Convertible Promissory Note

    2018-03-12$0.31/sh0 total(indirect: See Footnote)
    Exercise: $0.31From: 2017-08-23Common Stock (2,173,088 underlying)
  • Exercise/Conversion

    Convertible Promissory Note

    2018-03-12$0.31/sh0 total(indirect: See Footnote)
    Exercise: $0.31From: 2017-08-23Common Stock (236,810 underlying)
  • Exercise/Conversion

    Convertible Promissory Note

    2018-03-12$0.31/sh0 total(indirect: See Footnote)
    Exercise: $0.31From: 2017-10-09Common Stock (100,525 underlying)
  • Exercise/Conversion

    Convertible Promissory Note

    2018-03-12$0.31/sh0 total(indirect: See Footnote)
    Exercise: $0.31From: 2018-01-05Common Stock (377,898 underlying)
  • Exercise/Conversion

    Convertible Promissory Note

    2018-03-12$0.31/sh0 total
    Exercise: $0.31From: 2016-08-03Common Stock (29,786 underlying)
  • Exercise/Conversion

    Convertible Promissory Note

    2018-03-12$0.31/sh0 total
    Exercise: $0.31From: 2016-01-12Common Stock (71,091 underlying)
  • Exercise/Conversion

    Convertible Promissory Note

    2018-03-12$0.31/sh0 total
    Exercise: $0.31From: 2016-04-11Common Stock (50,307 underlying)
  • Exercise/Conversion

    Convertible Promissory Note

    2018-03-12$0.31/sh0 total
    Exercise: $0.31From: 2016-07-26Common Stock (27,805 underlying)
Footnotes (12)
  • [F1]Owned by Newcan Investment Partners LLC, an entity wholly owned by the Reporting Person.
  • [F10]The Note is convertible, at the election of the Reporting Person, at any time prior to payment or prepayment in full and matures on January 1, 2019.
  • [F11]The Note is convertible, at the election of the Reporting Person, at any time prior to payment or prepayment in full and matures on April 1, 2019.
  • [F12]The Note is convertible, at the election of the Reporting Person, at any time prior to payment or prepayment in full and matures on July 1, 2019.
  • [F2]Represents conversion of remaining unpaid interest that accrued on a convertible promissory note that was converted on May 31, 2017.
  • [F3]The Note is convertible, at the election of the Reporting Person, at any time prior to payment or prepayment in full and matures on January 2, 2020.
  • [F4]The Note is convertible, at the election of the Reporting Person, at any time prior to payment or prepayment in full and matures on April 1, 2020.
  • [F5]The Note is convertible, at the election of the Reporting Person, at any time prior to payment or prepayment in full and matures on August 22, 2020.
  • [F6]The Note is convertible, at the election of the Reporting Person, at any time prior to payment or prepayment in full and matures on October 8, 2020.
  • [F7]The Note is convertible, at the election of the Reporting Person, at any time prior to payment or prepayment in full and matures on April 1, 2021.
  • [F8]Represents conversion of remaining unpaid interest that accrued on a convertible promissory note held by CLS Co 2016, LLC, an entity of which the Reporting Person is a member, that was converted on May 31, 2017. Since CLS Co 2016, LLC's acquisition of this convertible note, the Reporting Person has taken a controlling position in this entity and shares issued upon conversion were issued in the name of the Reporting Person.
  • [F9]The Note is convertible, at the election of the Reporting Person, at any time prior to payment or prepayment in full and matures on August 1, 2018.

Documents

1 file
  • 4
    form4-koretsky031418.xmlPrimary

    OWNERSHIP DOCUMENT