CANNASYS INC 4
4 · CANNASYS INC · Filed Aug 16, 2016
Insider Transaction Report
Form 4
CANNASYS INCMJTK
Rogers Daniel L.
Secretary, Treasurer
Transactions
- Disposition to Issuer
Restricted Stock Grant
2015-12-24−250,000→ 0 totalExercise: $0.00→ Common Stock (250,000 underlying) - Award
Warrant
2015-12-24+250,000→ 250,000 totalExercise: $0.05Exp: 2018-12-31→ Common Stock (250,000 underlying) - Award
Restricted Stock Grant
2015-07-10+250,000→ 250,000 totalExercise: $0.00Exp: 2017-12-31→ Common Stock (250,000 underlying)
Footnotes (1)
- [F1](1)Reporting person received a grant of restricted stock for 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. No shares were issued and on 12/24/15, the grant of restricted stock and the shares vested were cancelled in exchange for a warrant to purchase 250,000 shares of common stock, at an exercise price of $0.05 per share.