ZERCHER MICHAEL 4
4 · 22nd Century Group, Inc. · Filed Dec 16, 2021
Insider Transaction Report
Form 4
ZERCHER MICHAEL
Chief Operating Officer
Transactions
- Sale
Common Stock
2021-12-14$2.16/sh−23,147$50,037→ 1,064,985 total
Holdings
- 250,000
Stock option (right to buy)
Exercise: $1.07From: 2019-08-24Exp: 2026-08-24→ Common Stock (250,000 underlying) - 77,875
Stock option (right to buy)
Exercise: $2.76From: 2021-03-06Exp: 2028-03-06→ Common Stock (77,875 underlying) - 100,000
Stock option (right to buy)
Exercise: $1.07From: 2019-09-09Exp: 2026-08-24→ Common Stock (100,000 underlying) - 68,000
Stock option (right to buy)
Exercise: $1.39From: 2020-04-01Exp: 2027-05-24→ Common Stock (68,000 underlying) - 85,000
Stock option (right to buy)
Exercise: $3.20Exp: 2031-03-19→ Common Stock (85,000 underlying) - 300,000
Stock option (right to buy)
Exercise: $1.07From: 2019-09-09Exp: 2026-08-24→ Common Stock (300,000 underlying)
Footnotes (3)
- [F1]Represents shares sold to satisfy taxes resulting from the vesting of restricted stock units.
- [F2]The price reported in Column 4 is a weighted average price. The prices actually received ranged from $2.15 to $2.185. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
- [F3]Options vest 1/3 per year on the anniversary of the date of grant, subject to continued service with the Company.