SEC Form 4 · accession 0001140361-15-039684
22nd Century Group, Inc. · XXII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Robert Moynihan
Officer — Vice President of R&D
Period of report
Nov 2, 2015
Accepted (ET)
Nov 4, 2015 · 4:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001347858
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Nov 2, 2015 | S | 31,060 | $1.3926 | D | 1,007,874 | D | |
| Common StockF3 | Nov 3, 2015 | S | 18,940 | $1.4232 | D | 988,934 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant to Purchase | $2.2029 | holding | — | — | — | Jan 25, 2011 | Jan 25, 2016 | Common Stock | 325,154 | 325,154 | D |
| Warrant to Purchase | $1.2018 | holding | — | — | — | Jan 25, 2011 | Jan 25, 2016 | Common Stock | 6,216 | 6,216 | D |
| Warrant to Purchase | $0.60 | holding | — | — | — | May 15, 2012 | May 15, 2017 | Common Stock | 150,000 | 150,000 | D |
| Stock Option (right to purchase) | $0.69 | holding | — | — | — | May 18, 2012 | May 18, 2022 | Common Stock | 100,000 | 100,000 | D |
| Stock Option (right to purchase) | $0.80 | holding | — | — | — | Feb 25, 2013 | Feb 25, 2023 | Common Stock | 75,000 | 75,000 | D |
| Stock Option (right to buy) | $0.96 | holding | — | — | — | Feb 16, 2016 | Feb 16, 2025 | Common Stock | 194,529 | 194,529 | D |
Explanation of responses
- F1Shares sold pursuant to Rule 10b5-1 trading plan maintained by the Reporting Person.
- F2The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.36 to $1.43, inclusive. The Reporting Person undertakes to provide 22nd Century Group, Inc., any security holder of 22nd Century Group, Inc., or the staff of the Securities & Exchange Commission, upon request, information regarding the number of shares sold at each separate price within the range set forth herein.
- F3The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.38 to $1.47, inclusive. The Reporting Person undertakes to provide 22nd Century Group, Inc., any security holder of 22nd Century Group, Inc., or the staff of the Securities & Exchange Commission, upon request, information regarding the number of shares sold at each separate price within the range set forth herein.