4//SEC Filing
Raines William F III 4
Accession 0001437749-24-028129
CIK 0001644903other
Filed
Aug 29, 8:00 PM ET
Accepted
Aug 30, 4:02 PM ET
Size
5.4 KB
Accession
0001437749-24-028129
Insider Transaction Report
Form 4
cbdMD, Inc.YCBD
Raines William F III
Director
Transactions
- Award
Common Stock
2024-08-23+75,000→ 84,256 total
Footnotes (1)
- [F1]Pursuant to the Settlement, Purchase and Release Agreement dated August 23, 2024, entered into between the Issuer, CBD Industries, LLC and Majik Medicine, LLC ("Majik"), the Reporting Person was appointed as the true and lawful attorney, agent and proxy, with full power of substitution, for Majik for the issuance of 75,000 shares for 12 months from the Transaction Date (the "Proxy Period"). During the Proxy Period, the Reporting Person is entitled to (i) vote the shares at all shareholder meetings of the Issuer, (ii) execute instruments, consents, directions or other documents relative to the corporate affairs of the Issuer, (iii) calling for the approval or disapproval of any corporate act or transaction by the shareholders of the Issuer, and (iv) vote or otherwise act, upon any and all matters and questions relating to the Issuer. The Reporting Person shall vote in accordance with the recommendation of a majority of the independent members of the Issuer's Board of Directors.
Documents
Issuer
cbdMD, Inc.
CIK 0001644903
Entity typeother
Related Parties
1- filerCIK 0001773698
Filing Metadata
- Form type
- 4
- Filed
- Aug 29, 8:00 PM ET
- Accepted
- Aug 30, 4:02 PM ET
- Size
- 5.4 KB