Walters Happy David 4
4 · CONVERSION LABS, INC. · Filed Oct 19, 2020
Insider Transaction Report
Form 4
Walters Happy David
Director
Transactions
- Award
Common Stock, par value $0.001
2020-10-15+800,000→ 800,000 total(indirect: By LLC)
Footnotes (3)
- [F1]The shares were issued to Blue Horizon Consulting, LLC ("Blue Horizon") by virtue of the Issuer's attainment of specified revenue targets, pursuant to a consulting agreement by and between Blue Horizon and the Issuer (the "Agreement"), and in accordance with the Issuer's equity incentive performance share grant to Reporting Person pursuant to such Agreement, approved in advance by the Board of Directors of the Issuer. Transaction exempt from Section 16(b) of the Securities Exchange Act by virtue of SEC Rule 16b-3(d).
- [F2]Shares acquired for no consideration upon the satisfaction of performance criteria underlying award of performance shares.
- [F3]Mr. Walters is the sole owner of of Blue Horizon Consulting, LLC and serves as its President.