4//SEC Filing
Sellers Bakari T. 4
Accession 0001437749-23-004161
CIK 0001644903other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:30 PM ET
Size
7.7 KB
Accession
0001437749-23-004161
Insider Transaction Report
Form 4
cbdMD, Inc.YCBD
Sellers Bakari T.
Director
Transactions
- Award
Common Stock
2023-02-17+5,000→ 17,531 total - Award
Stock Options (Right to Buy)
2023-02-17+30,000→ 30,000 totalExercise: $0.28From: 2023-02-17Exp: 2028-02-17→ Common Stock (30,000 underlying)
Footnotes (3)
- [F1]The restricted shares of common stock were issued 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 restricted shares of common stock vest quarterly in equal increments on June 30, 2023, September 30, 2023, December 31, 2023 and March 31, 2024, subject to continued service as a director of the Issuer on each applicable vesting date.
- [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.
Documents
Issuer
cbdMD, Inc.
CIK 0001644903
Entity typeother
Related Parties
1- filerCIK 0001721556
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 4:30 PM ET
- Size
- 7.7 KB