SEC Form 4 · accession 0001140361-16-056966
22nd Century Group, Inc. · XXII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Rushton
Officer — VP of Plant Biotechnology
Period of report
Mar 4, 2016
Accepted (ET)
Mar 8, 2016 · 2:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001347858
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF1 | $0.95 | Mar 4, 2016 | A | 79,787 | A | — | Mar 4, 2026 | Common Stock | 79,787 | 79,787 | D |
| Non-Qualified Stock OptionF2 | $0.8417 | holding | — | — | — | — | Oct 7, 2025 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Stock option grant which vests one-third on each of March 4, 2017, March 4, 2018 and March 4, 2019.
- F2Options vest on November 1, 2016 provided that Dr. Rushton remains employed by the Company through that time.