Alvarez Nicholas P 4
4 · CONVERSION LABS, INC. · Filed Dec 1, 2020
Insider Transaction Report
Form 4
Alvarez Nicholas P
Chief Acquisition Officer
Transactions
- Exercise/Conversion
Options to purchase Common Stock
2020-11-27−105,288→ 0 totalExercise: $1.15→ Common Stock, par value $0.001 (105,288 underlying) - Exercise/Conversion
Common Stock, par value $0.001
2020-11-27$1.15/sh+105,288$121,081→ 109,288 total
Footnotes (1)
- [F1]Represents a cashless exercise of outstanding stock options to purchase 120,000 shares of common stock. Mr. Alvarez received 105,288 shares of common stock and surrendered 14,712 shares of common stock underlying the option in payment of the exercise price. The Options were issued to Mr. Alvarez pursuant to the terms of an employment agreement, dated July 26, 2018, by and between Mr. Alvarez and the Issuer.