LAMIRATO MONTY R 4
4 · GrowGeneration Corp. · Filed Jan 5, 2021
Insider Transaction Report
Form 4
Transactions
- Tax Payment
Common Stock
2021-01-01$39.09/sh−9,525$372,332→ 98,529 total - Award
Stock Options
2021-01-01+50,000→ 100,000 totalExercise: $4.16→ Common Stock (50,000 underlying) - Award
Common Stock
2021-01-01$39.09/sh+30,000$1,172,700→ 108,054 total
Footnotes (4)
- [F1]30,000 shares issued pursuant to an Executive Employment Agreement dated November 5, 2019 by and between GrowGeneration Corp. (the "Company") and Monty Lamirato (the "Employment Agreement").
- [F2]9,525 shares withheld by the Company to satisfy the tax withholding obligation applicable to the shares of common stock described in footnote (1) above.
- [F3]50,000 stock options issued pursuant to the Employment Agreement, vested January 1, 2021, in exchange for services rendered in the performance of employment.
- [F4]The stock options described in footnote (3) above vested January 1, 2021 and each option may be exercised at any time by Monty Lamirato in exchange for one share of the Company's common stock.