SEC Form 4 · accession 0001385150-18-000002
Acacia Diversified Holdings, Inc. · ACCA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 17, 2018 | S | 100,000 | $0.30 | D | 1,459,290 | D |
Table II — derivative securities
Explanation of responses
- F1Reporting Person sold 100,000 RESTRICTED shares of Issuer in a private transaction to an individual for $0.30 per share.
- F2Reporting Person disclaims any beneficial ownership in shares held by others, and disclaims beneficial ownership of any other person in his securities.
Remarks
The Reporting Person owns less than 10% of the issued and outstanding Common shares of Issuer. Reporting Person disclaims any beneficial ownership in shares held by others, and disclaims beneficial ownership of any other person in his securities. However, the Issuer has elected to aggregate the shares of the Reporting Person with that of his spouse, thereby rendering the collective aggregated total to be greater than 10% of the issued and outstanding shares of the Issuer. As such, the Reporting Person and his spouse are considered by the Issuer to collectively be "Affiliates" of Issuer, thus requiring this disclosure report.