Baum Eric 4

Accession 0001604627-20-000015

CIK 0001604627other

View on SEC.gov Company Profile

Filed

Aug 31, 8:00 PM ET

Accepted

Sep 1, 5:57 PM ET

Size

19.0 KB

Accession

0001604627-20-000015

Insider Transaction Report

Form 4

Period: 2020-06-17

KushCo Holdings, Inc.KSHB

Baum Eric

Director

Transactions

Award
Option to Purchase
2020-08-28+82,858→ 82,858 total
Exercise: $0.58Exp: 2028-08-31→ Common Stock (82,858 underlying)
Disposition to Issuer
Option to Purchase
2020-08-28−145,000→ 0 total
Exercise: $5.33Exp: 2028-08-31→ Common Stock (145,000 underlying)
Award
Option to Purchase
2020-08-28+53,334→ 53,334 total
Exercise: $0.58Exp: 2026-12-06→ Common Stock (53,334 underlying)
Award
Option to Purchase
2020-08-28+80,000→ 80,000 total
Exercise: $0.58Exp: 2027-11-13→ Common Stock (80,000 underlying)
Disposition to Issuer
Option to Purchase
2020-08-28−80,000→ 0 total
Exercise: $3.35Exp: 2026-12-06→ Common Stock (80,000 underlying)
Disposition to Issuer
Option to Purchase
2020-08-28−120,000→ 0 total
Exercise: $2.39Exp: 2027-11-13→ Common Stock (120,000 underlying)
Award
Option to Purchase
2020-06-17+33,750→ 33,750 total
Exercise: $0.68Exp: 2030-05-03→ Common Stock (33,750 underlying)

Footnotes (7)

[F1]One hundred percent of the shares underlying the option shall be deemed to be fully vested on December 7, 2019.
[F2]On August 28, 2020, the issuer canceled, pursuant to the issuer's option exchange program, an option for 80,000 shares of KSHB common stock granted to the reporting person on December 7, 2016. In exchange, the reporting person received a replacement option, for 53,334 shares, having an exercise price of $0.58 a share.
[F3]One hundred percent of the shares underlying the option shall be deemed to be fully vested on November 14, 2019.
[F4]On August 28, 2020, the issuer canceled, pursuant to the issuer's option exchange program, an option for 120,000 shares of KSHB common stock granted to the reporting person on November 14, 2017. In exchange, the reporting person received a replacement option, for 80,000 shares, having an exercise price of $0.58 a share.
[F5]Fifty percent of the shares underlying the option shall be deemed to be vested on the one-year anniversary of September 1, 2018, with the remainder vesting in equal monthly installments over 12 months.
[F6]On August 28, 2020, the issuer canceled, pursuant to the issuer's option exchange program, an option for 145,000 shares of KSHB common stock granted to the reporting person on September 1, 2018. In exchange, the reporting person received a replacement option, for 82,858 shares, having an exercise price of $0.58 a share.
[F7]Fifty percent of the shares underlying the option shall be deemed to be fully vested on May 31, 2020. Remaining fifty percent of the shares underlying the option shall vest in equal installments on June 30, 2020, July 31, 2020, and August 31, 2020.

Documents

1 file

4
wf-form4_159899740565931.xmlPrimary
FORM 4

Issuer

KushCo Holdings, Inc.

CIK 0001604627

→

Entity typeother

Related Parties

filerCIK 0001691815

Filing Metadata

Form type: 4
Filed: Aug 31, 8:00 PM ET
Accepted: Sep 1, 5:57 PM ET
Size: 19.0 KB

View on SEC.gov