Cozad Jeffrey Alley 4
4 · Medicine Man Technologies, Inc. · Filed Mar 9, 2021
Insider Transaction Report
Form 4
Cozad Jeffrey Alley
Director10% Owner
Transactions
- Purchase
Series A Cumulative Convertible Preferred Stock
2021-03-03$1000.00/sh+2,100$2,100,000→ 25,350 total(indirect: See Footnote)Exercise: $1.20→ Common Stock (1,750,000 underlying)
Footnotes (4)
- [F1]Subject to adjustment, as described in the Certificate of Designation of Series A Cumulative Convertible Preferred Stock (the "Certificate of Designation") of Medicine Man Technologies, Inc. (the "Company").
- [F2]The shares of Series A Cumulative Convertible Preferred Stock (the "Series A Preferred Shares") are convertible into shares of the Company's common stock (the "Common Shares") upon the events specified in the Certificate of Designation. The Series A Preferred Shares have no expiration date.
- [F3]Represents the number of Common Shares issuable upon conversion of the Series A Preferred Shares on the date of the reported transaction. Each Series A Preferred Share shall be convertible into that number of Common Shares equal to the preference amount (initially $1,000) plus any accrued dividends with respect to such share, divided by the conversion price (initially $1.20), subject to adjustment as set forth in the Certificate of Designation. The Series A Preferred Shares earn a cumulative dividend of 8% per annum.
- [F4]CRW Capital Cann Holdings, LLC (the "Holder") is the record holder of the reported shares. Mr. Cozad is a manager of CRW Capital, LLC, which is the sole manager of the Holder. Mr. Cozad disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.