Smith Julie R. 4
4 · True Nature Holding, Inc. · Filed Dec 6, 2019
Insider Transaction Report
Form 4
Smith Julie R.
DirectorPresident & COO
Transactions
- Purchase
Common Stock
2019-09-29$0.03/sh+166,500$4,995→ 166,500 total - Award
Common Stock
2019-10-01+1,000,000→ 1,166,500 total - Purchase
Common Stock
2019-10-25$0.02/sh+1,000$21→ 2,290,500 total - Purchase
Common Stock
2019-11-01$0.02/sh+5,400$97→ 2,295,900 total - Purchase
Common Stock
2019-11-04$0.03/sh+73,076$1,900→ 2,368,976 total - Purchase
Common Stock
2019-12-06$0.03/sh+12,500$338→ 2,381,476 total - Purchase
Common Stock
2019-12-06$0.03/sh+163,640$4,664→ 2,545,116 total - Award
Common Stock
2019-10-01+1,000,000→ 2,166,500 total - Purchase
Common Stock
2019-10-25$0.02/sh+123,000$2,952→ 2,289,500 total
Footnotes (2)
- [F1]The 1,000,000 shares described herein are shares of restricted common stock issued in conjunction with a compensation agreement for members of the Company's Board of Directors and are subject to reverse vesting such that a) 250,000 shares are fully vested 90 days after joining the Board; b) 250,000 shares are fully vested 180 days after joining the Board, c) 250,000 shares are fully vested after 270 days after joining the Board, and d) 250,000 shares are fully vested after the filing and acceptance by the SEC of the Form 10K for the period ending 12/31/19.
- [F2]The 1,000,000 described herein are restricted common stock issued in conjunction with a compensation agreement for senior executives of the company and are subject to reverse vesting such that a) 25% of restricted stock shares once the Employee has been with the Employer for 90 days from the effective date of this agreement; b) 25% of restricted stock shares once the Employer completes a capital raise of at least $2,000,000; c) 25% of restricted stock shares once the Employee has been with the Company for 365 days from the effective date of this agreement; d) 25% restricted stock shares once the Employer files a 10K that reports $20,000,000 in Gross Revenue.