Moyle Bernard Thomas 5
5 · MJ Holdings, Inc. · Filed Jun 1, 2021
Insider Transaction Report
Form 5
Moyle Bernard Thomas
Chief Financial Officer
Transactions
- Award
Stock option
2020-09-15$0.75/sh+500,000$375,000→ 500,000 totalExercise: $0.75From: 2020-09-15Exp: 2023-09-15→ Common stock (500,000 underlying)
Holdings
- 528,000
Common stock
Footnotes (2)
- [F1]Includes 28,000 shares of common stock purchased by Mr. Moyle in open market transactions from May 28, 2019 to November 17, 2020 at an average price of $0.3415 and 500,000 shares of common stock granted to Mr. Moyle under the terms of his Employment Agreement (the "Agreement") dated September 15, 2020 The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased at each price.
- [F2]On September 15, 2020, Mr. Moyle was granted an option to purchase 500,000 shares of the Company's common stock as per the terms of the Agreement. The option has an exercise price of $0.75 and expires on the three-year anniversary date of the Agreement. 250,000 shares vested upon execution of the Agreement and 250,000 shares vest at the one-year anniversary of the Agreement.