Bechtel Chris 4
4 · Surna Inc. · Filed Aug 10, 2017
Insider Transaction Report
Form 4
Surna Inc.SRNA
Bechtel Chris
Director
Transactions
- Award
Common Stock, par value $0.00001 per share
2017-08-08+18,519→ 9,182,761 total - Award
Option to purchase common stock
2017-08-08+450,000→ 2,450,000 totalExercise: $0.14From: 2017-08-08Exp: 2027-08-08→ Common Stock (450,000 underlying) - Award
Common Stock, par value $0.00001 per share
2017-08-08+600,000→ 9,782,761 total - Award
Option to purchase common stock
2017-08-08+450,000→ 2,900,000 totalExercise: $0.14From: 2018-03-01Exp: 2027-08-08→ Common Stock (450,000 underlying)
Footnotes (4)
- [F1]On August 8, 2017, the Issuer's board of directors approved the issuance of 18,519 shares of common stock in lieu of the cash payment of $2,500 of retainer fees for services as a director, based on a closing price of Issuer's common stock of $0.135 on August 7, 2017.
- [F2]On August 8, 2017, the Issuer's board of directors approved the issuance of 600,000 shares of common stock in consideration of services rendered by the Reporting Person prior to being appointed a director on May 31, 2017, based on closing price of Issuer's common stock on August 7, 2017.
- [F3]On August 8, 2017, the Issuer's board of directors approved the grant of non-qualified stock options to purchase 450,000 shares of common stock at an exercise price of $0.135, the closing price of Issuer's common stock on August 7, 2017, which were vested and exercisable on the date of grant. These options were granted for services as a director.
- [F4]On August 8, 2017, the Issuer's board of directors also approved the additional grant of non-qualified stock options to purchase 450,000 shares of common stock at an exercise price of $0.135, which vest and become exercisable on March 1, 2018 if the Reporting Person continues to provide services as a director on March 1, 2018. These options were granted for services as a director.