Christoffersen Stephen 4
4 · KushCo Holdings, Inc. · Filed Jan 19, 2021
Insider Transaction Report
Form 4
Christoffersen Stephen
Chief Financial Officer
Transactions
- Award
Common Stock
2020-10-20+41,406→ 244,385 total - Award
Common Stock
2021-01-14+40,000→ 284,385 total - Award
Option to Purchase
2021-01-14+83,500→ 83,500 totalExercise: $0.63Exp: 2030-04-23→ Common Stock (83,500 underlying)
Footnotes (3)
- [F1]On October 20, 2020, the reporting person received a service-based grant of restricted stock units that will vest on August 31, 2021. All restricted stock units shall settle in shares of common stock.
- [F2]On April 24, 2020, the reporting person was granted a performance restricted stock unit award. The award vests over a two-year period, based on the Issuer's satisfaction of certain predetermined performance goals for the period ending August 31, 2021. The performance criteria were met for the fiscal year ended August 31, 2020, resulting in the issuance of 40,000 shares to the reporting person.
- [F3]On April 24, 2020, the reporting person was granted an option to purchase shares of common stock. The option vests over a one-year period based on the Issuer's satisfaction of certain predetermined performance goals for the fiscal year ending August 31, 2020. The performance criteria for the fiscal year ended August 31, 2020 were met, resulting in the vesting of the option as to 83,500 shares.