4//SEC Filing
Feitelson Jerald S. 4
Accession 0001250853-21-000058
CIK 0000748790other
Filed
May 4, 8:00 PM ET
Accepted
May 5, 9:57 PM ET
Size
5.7 KB
Accession
0001250853-21-000058
Insider Transaction Report
Form 4
Feitelson Jerald S.
VP, Chief Scientific Officer
Transactions
- Award
Common Stock
2021-04-15+209,225→ 209,225 total
Footnotes (1)
- [F1]The reporting person acquired 209225 shares of issuer common stock in exchange for 100 percent of the reporting persons interest in Agribody Technologies Inc. pursuant to ATI's merger into a wholly owned subsidiary of the issuer. The merger agreement, which was entered into on April 15, 2021, placed a value on the issuer's common stock of 6.02028 a share, the volume-weighted average price over April 8, 9, 12, 13, and 14. Of the 209,225 shares issued to the reporting person in the merger, 20,920 shares are currently being held in escrow and are subject to forfeiture following the merger to satisfy claims arising as a result of ATIs breach of its representations and warranties or covenants in the merger agreement. Half of the escrowed shares are eligible for release to the reporting person six months after the merger, and the other half of the escrowed shares are eligible for release twelve months following the merger.
Documents
Issuer
Global Clean Energy Holdings, Inc.
CIK 0000748790
Entity typeother
Related Parties
1- filerCIK 0001860050
Filing Metadata
- Form type
- 4
- Filed
- May 4, 8:00 PM ET
- Accepted
- May 5, 9:57 PM ET
- Size
- 5.7 KB