4//SEC Filing
Deluca Louis George JR 4
Accession 0001185185-18-001348
CIK 0000802257other
Filed
Aug 5, 8:00 PM ET
Accepted
Aug 6, 10:22 AM ET
Size
5.6 KB
Accession
0001185185-18-001348
Insider Transaction Report
Form 4
Transactions
- Award
Restricted Common Stock
2018-07-24$0.08/sh+369,500$29,560→ 1,446,423 total
Footnotes (1)
- [F1]The executive was awarded a total of 500,000 shares of restricted common stock when joining the Company. All of the shares are subject to certain reverse vesting conditions. As of the date of this filing the executive has fully earned 200,000 of those shares. The executive agreed to convert $60,000 of accrued salaries into stock as of (January 29, 2018) at a price of $.104 - the closing price on the date when the agreement to convert the amounts owed was completed, for a new issuance of 576,923. The executive further agreed to convert $29,560 of accrued salaries into stock as of (July 24, 2018) at a price of $.08 - the closing price on the date when the agreement to convert the amounts owed was completed, for a new issuance of 369,500. As a result, the executive now owns 1,146,423 share that are fully vested, and another 300,000 shares that remain subject to certain performance requirements under a reverse vesting agreement.
Documents
Issuer
True Nature Holding, Inc.
CIK 0000802257
Entity typeother
Related Parties
1- filerCIK 0001699925
Filing Metadata
- Form type
- 4
- Filed
- Aug 5, 8:00 PM ET
- Accepted
- Aug 6, 10:22 AM ET
- Size
- 5.6 KB