SEC Form 4 · accession 0001477932-15-004190
22nd Century Group, Inc. · XXII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Pandolfino
Director · 10% Owner
Period of report
Jun 29, 2015
Accepted (ET)
Jun 30, 2015 · 6:12 pm EDT
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 Stock | Jun 29, 2015 | S | 21,000 | $1.01 | D | 5,650,802 | D | |
| Common StockF1 | Jun 30, 2015 | S | 70,178 | $0.932 | D | 5,580,624 | D |
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 Option | $1.43 | holding | — | — | — | Mar 3, 2016 | Mar 3, 2020 | Common Stock | 100,000 | 100,000 | D |
| Warrant to Purchase | $0.60 | holding | — | — | — | Nov 9, 2012 | Nov 9, 2017 | Common Stock | 140,000 | 140,000 | D |
| Warrant to Purchase | $1.1497 | holding | — | — | — | Feb 8, 2012 | Feb 8, 2017 | Common Stock | 180,047 | 180,047 | D |
| Warrant to Purchase | $2.2136 | holding | — | — | — | Jan 25, 2011 | Jan 25, 2016 | Common Stock | 1,903,136 | 1,903,136 | D |
| Warrant to Purchase | $1.2018 | holding | — | — | — | Jan 25, 2011 | Jan 25, 2016 | Common Stock | 47,088 | 47,088 | D |
Explanation of responses
- F1The price reported is an average weighted price. These shares were sold in multiple transactions at prices ranging from $0.93 to $0.9448, inclusive. The reporting person undertakes to provide to 22nd Century Group, Inc., any security holder of 22nd Century Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.