McDonald Anthony K 4
4 · CEA Industries Inc. · Filed Nov 29, 2021
Insider Transaction Report
Form 4
McDonald Anthony K
DirectorPresident
Transactions
- Other
Common Stock
2021-11-24$0.05/sh+1,020,408$50,000→ 1,217,776 total - Award
Option to purchase common stock
2021-11-24+6,790,340→ 6,790,340 totalExercise: $0.05From: 2021-11-24Exp: 2031-11-24→ Common Stock (6,790,340 underlying)
Footnotes (1)
- [F1]Represents the grant of stock options to purchase 6,790,340 shares of common stock, under the 2021 Equity Incentive Plan, at an exercise price of $0.049 per share, the price of a share of common stock on the day immediately prior to the signing of the employment agreement. The options vest at the rate of one third the total amount, on November 24, in each of the years 2021, 2022 and 2023. The grant of these options and the issuance of shares of common stock upon exercise are transactions exempt from Section 16(b) of the Exchange Act.