CANNASYS INC|4Aug 16, 2:46 PM ET

CANNASYS INC 4

4 · CANNASYS INC · Filed Aug 16, 2016

Form 4

Period: 2015-07-10

DirectorChief Executive Officer

Transactions

Disposition to Issuer
Restricted Stock Grant
2015-12-24−1,250,000→ 0 total
Exercise: $0.00→ Common Stock (1,250,000 underlying)
Other
Common Stock
2015-10-15+125,000→ 250,000 total
Other
Common Stock
2015-12-31−250,000→ 0 total
Award
Restricted Stock Grant
2015-07-10+1,250,000→ 1,250,000 total
Exercise: $0.00Exp: 2017-12-31→ Common Stock (1,250,000 underlying)
Award
Warrant
2015-12-24+1,500,000→ 1,500,000 total
Exercise: $0.05Exp: 2018-12-31→ Common Stock (1,500,000 underlying)
Award
Warrant
2015-12-24+1,500,000→ 3,000,000 total
Exercise: $0.05Exp: 2018-12-31→ Common Stock (1,500,000 underlying)

Footnotes (3)

[F1]Reporting person received a grant of restricted stock for 1,250,000 shares of common stock, to vest in equal increments of 1/10th each quarter, beginning on 07/10/15 for the quarter ended 06/30/15, and thereafter, on the first day of each subsequent quarter, until fully vested. On each of July 10, 2015, and October 15, 2015, 125,000 shares were issued to reporting person, and on 12/24/15, the grant of restricted stock and the shares vested were cancelled in exchange for a warrant to purchase 1,500,000 shares of common stock, at an exercise price of $0.05 per share.
[F2]Reporting person received a warrant to purchase 1,500,000 shares of common stock, at an exercise price of $0.05 per share, to vest in equal increments of 1/10th on the last day of each quarter, beginning March 31, 2016, until fully vested.
[F3]K - Transaction in equity swap or instrument with similar characteristics.

Documents

1 file