4//SEC Filing
Verleun Noah 4
Accession 0001250853-22-000067
CIK 0000748790other
Filed
Jun 26, 8:00 PM ET
Accepted
Jun 27, 4:00 PM ET
Size
6.3 KB
Accession
0001250853-22-000067
Insider Transaction Report
Form 4
Verleun Noah
EVP - Development & Regulatory
Transactions
- Award
Stock Option (right to buy)
2022-06-23+1,200,000→ 12,000,000 totalExercise: $3.60Exp: 2027-04-26→ Common Stock (1,200,000 underlying)
Footnotes (2)
- [F1]The stock option grant was approved by the Board of Directors of the issuer on April 27, 2022, contingent upon approval by the shareholders of the issuer of an increase of the number of options available under the equity incentive plan of the issuer, which approval was obtained on June 23, 2022.
- [F2]600,000 of the options vest in three equal tranches of 200,000 after the price of the common stock of the issuer has achieved and maintained (i) $10.00 per share for 45 consecutive trading days for tranche one; (ii) after tranche one has vested, $15.00 per share for 45 consecutive trading days for tranche two; and (iii) after tranche two has vested, $20.00 per share for 45 consecutive trading days, for tranche three. The remaining 600,000 will vest in equal quarterly installments on the last day of each of the next 12 quarters beginning on June 30, 2022.
Documents
Issuer
Global Clean Energy Holdings, Inc.
CIK 0000748790
Entity typeother
Related Parties
1- filerCIK 0001862713
Filing Metadata
- Form type
- 4
- Filed
- Jun 26, 8:00 PM ET
- Accepted
- Jun 27, 4:00 PM ET
- Size
- 6.3 KB