4//SEC Filing
Acacia Diversified Holdings, Inc. 4
Accession 0001385150-16-000012
CIK 0001001463operating
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 11:43 AM ET
Size
6.6 KB
Accession
0001385150-16-000012
Insider Transaction Report
Form 4
Pertile Richard K
DirectorCEO, President
Transactions
- Purchase
Common stock
2016-12-12$0.50/sh+1,200,000$600,000→ 2,234,000 total
Footnotes (4)
- [F1]Reporting Person acquired 1,200,000 shares of the Common stock of Issuer in a transaction relating to the exchange of equity shares of Issuer for cancellation of $500,000 in debt and for an additional injection of $100,000 into Issuer for operating capital.
- [F2]Price was fixed by the board of directors as an incentive for Reporting Person to exchange equity shares for debt and to infuse additional operating capital into the Company.
- [F3]In conjunction with the acquisition of these shares, Reporting Person became a shareholder of greater than 10% the issued and outstanding shares of Issuer.
- [F4]In addition to the shares beneficially held by Reporting Person, he also holds: (1) a Proxy to vote 2,500,000 shares of another affiliate of the Company; and, (ii) holds those shares in trust under a Right of First Refusal to acquire them from the other affiliated person at any time between April 4th and May 4th of 2019. This Proxy brings the total sole dispositive voting power of 4,734,000 votes.
Documents
Issuer
Acacia Diversified Holdings, Inc.
CIK 0001001463
Entity typeoperating
IncorporatedTX
Related Parties
1- filerCIK 0001001463
Filing Metadata
- Form type
- 4
- Filed
- Dec 15, 7:00 PM ET
- Accepted
- Dec 16, 11:43 AM ET
- Size
- 6.6 KB