SEC Form 4 · accession 0001161697-18-000495
GROWLIFE, INC. · PHOT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark E Scott
Officer — CFO
Period of report
Oct 15, 2018
Accepted (ET)
Oct 17, 2018 · 7:34 pm 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 Stock | holding | — | — | — | 13,000,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to purchase Common StockF2 | $0.012 | Oct 15, 2018 | A | 20,000,000 | A | — | Oct 15, 2023 | Common Stock | 20,000,000 | 36,000,000 | D |
| Option to purchase Common StockF1 | $0.01 | holding | — | — | — | — | Jun 30, 2019 | Common Stock | 4,000,000 | 4,000,000 | D |
| Option to purchase Common StockF2 | $0.006 | holding | — | — | — | — | Oct 15, 2022 | Common Stock | 12,000,000 | 14,000,000 | D |
Explanation of responses
- F1The Date Exercisable varies with the Option vesting date. Option shares are vested. Option has a 5 year life and cashless exercise.
- F2The Date Exercisable varies with the Option vesting date. Option shares vest quarterly over three years. Option has a 5 year life and cashless exercise.