4/A//SEC Filing
Farar Sim 4/A
Accession 0001654954-21-010808
CIK 0001644903other
Filed
Oct 4, 8:00 PM ET
Accepted
Oct 5, 1:42 PM ET
Size
5.6 KB
Accession
0001654954-21-010808
Insider Transaction Report
Form 4/AAmended
cbdMD, Inc.YCBD
Farar Sim
Director
Transactions
- Award
Common stock
2021-03-12+7,000→ 7,000 total
Footnotes (1)
- [F1]Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The grant was exempt from Section 16(b) under the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder as it was approved in advance by the Issuer's Compensation, Corporate Governance and Nominating Committee, which is comprised of three non-employee directors. The restricted stock units vest as follows: 2,000 vested on March 12, 2021 and the remaining 5,000 vest quarterly in equal increments over a one year period from the grant date with the last vesting being on March 12, 2022, subject to continued service as a director of the Issuer on each applicable vesting date. Shares of common stock will be delivered to the Reporting Person upon the vesting of the restricted stock units. The restricted stock units were issued under the 2021 Equity Compensation Plan as compensation to the Reporting Person for his services on the Issuer's Board of Directors for the Board term beginning March 12, 2021.
Documents
Issuer
cbdMD, Inc.
CIK 0001644903
Entity typeother
Related Parties
1- filerCIK 0001851461
Filing Metadata
- Form type
- 4/A
- Filed
- Oct 4, 8:00 PM ET
- Accepted
- Oct 5, 1:42 PM ET
- Size
- 5.6 KB