SEC Form 4 · accession 0001161697-16-000867
GROWLIFE, INC. · PHOT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael E Fasci
Director
Period of report
May 25, 2016
Accepted (ET)
May 31, 2016 · 9:03 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001161582
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 25, 2016 | J | 2,000,000 | $0.02 | A | 3,623,000 | D | |
| Common StockF2 | May 25, 2016 | J | 500,000 | $0.02 | A | 4,123,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1$40,000 converted into 2,000,000 shares as per board resolution for consulting work.
- F2$60,000 per year is convertible into shares and awarded quarterly not to exceed 2,000,000 shares per year. Shares represent balance of 500,000 shares due.