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4//SEC Filing

Swift Sibyl Nichole 4

Accession 0001437749-23-004158

CIK 0001644903other

Filed

Feb 21, 7:00 PM ET

Accepted

Feb 22, 4:29 PM ET

Size

7.7 KB

Accession

0001437749-23-004158

Insider Transaction Report

Form 4
Period: 2023-02-17
Transactions
  • Award

    Common Stock

    2023-02-17+5,00015,250 total
  • Award

    Stock Options (Right to Buy)

    2023-02-17+30,00030,000 total
    Exercise: $0.28From: 2023-02-17Exp: 2028-02-17Common Stock (30,000 underlying)
Footnotes (3)
  • [F1]Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The grant was exempt from Section 16(b) under the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder as it was approved in advance by the Issuer's Compensation, Corporate Governance and Nominating Committee, which is comprised of three non-employee directors. The restricted stock units are fully vested. The restricted stock units were issued under the 2021 Equity Compensation Plan as compensation to the Reporting Person for her services on the Issuer's Board of Directors for the Board term beginning February 16, 2023.
  • [F2]The stock options were granted under the 2021 Equity Compensation Plan as compensation to the Reporting Person for his services on the Issuer's Board of Directors for the Board term beginning February 16, 2023. The grant was exempt from Section 16(b) under the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder as it was approved in advance by the Issuer's Compensation, Corporate Governance and Nominating Committee, which is comprised of three non-employee directors. The stock options are fully vested.
  • [F3]Not applicable.

Issuer

cbdMD, Inc.

CIK 0001644903

Entity typeother

Related Parties

1
  • filerCIK 0001942359

Filing Metadata

Form type
4
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:29 PM ET
Size
7.7 KB