SEC Form 4 · accession 0001140361-17-041623
22nd Century Group, Inc. · XXII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James E. Swauger
Officer — Senior VP-Science & Regulatory
Period of report
Oct 31, 2017
Accepted (ET)
Nov 8, 2017 · 5:20 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $2.12 | Oct 31, 2017 | A | 900,000 | A | — | Oct 31, 2027 | Common Stock | 900,000 | 900,000 | D |
| Stock Option (Right to Buy)F2 | $2.12 | Oct 31, 2017 | A | 300,000 | A | — | Oct 31, 2027 | Common Stock | 300,000 | 300,000 | D |
Explanation of responses
- F1Vests one-third on each of November 1, 2018, November 1, 2019 and November 1, 2020.
- F2Vests upon the satisfaction of certain performance conditions.