4//SEC Filing
Keen Brandy Marie 4
Accession 0001493152-18-017748
CIK 0001482541other
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 4:10 PM ET
Size
9.8 KB
Accession
0001493152-18-017748
Insider Transaction Report
Form 4
Surna Inc.SRNA
Keen Brandy Marie
DirectorVP SALES / CEO10% Owner
Transactions
- Exercise/Conversion
Preferred Stock Option Agreement
2018-12-18−0→ 0 totalExercise: $0.00→ Preferred Stock (35,189,669 underlying) - Award
Common Stock, par value $0.00001
2018-12-18+35,190→ 18,194,859 total
Keen Stephen Banks
10% Owner
Transactions
- Exercise/Conversion
Preferred Stock Option Agreement
2018-12-18−0→ 0 totalExercise: $0.00→ Preferred Stock (35,189,669 underlying) - Award
Common Stock, par value $0.00001
2018-12-18+35,190→ 18,194,859 total
Footnotes (2)
- [F1]The amount of common stock beneficially owned by the Reporting Persons under Table I, column 5 includes 1,000,000 shares of common stock issued to Brandy Keen on July 13, 2018 in settlement of 1,000,000 restricted stock units that vested on June 30, 2018. The grant of the restricted stock units was previously reported in a Form 4 filed on May 31, 2018.
- [F2]On December 18, 2018, the Issuer issued 35,190 shares of common stock to the Reporting Persons in connection with the Issuer's exercise of an option under a Preferred Stock Option Agreement dated May 29, 2018. The Issuer previously reported this Preferred Stock Option Agreement in Table II on a Form 4 filed on May 31, 2018. Pursuant to the exercise of this option and the closing of the transactions thereunder on December 18, 2018, the Issuer acquired all 35,189,669 shares of preferred stock owned by the Reporting Persons in exchange for 35,190 shares of common stock. The common stock issued upon exercise were restricted shares. The option expired on April 30, 2020. As consideration for Reporting Persons' grant of the option, the Issuer also paid them $5,000. The sale of the preferred stock by the Reporting Persons and the issuance of common stock to the Reporting Persons upon exercise of the option by the Issuer, are transactions exempt from Section 16(b) of the Exchange Act.
Documents
Issuer
Surna Inc.
CIK 0001482541
Entity typeother
Related Parties
1- filerCIK 0001608502
Filing Metadata
- Form type
- 4
- Filed
- Dec 19, 7:00 PM ET
- Accepted
- Dec 20, 4:10 PM ET
- Size
- 9.8 KB