SEC Form 4 · accession 0001545902-16-000005

CANNASYS INC · MJTK

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CEO/CFO · Director

Period of report

Jul 10, 2015

Accepted (ET)

Aug 16, 2016 · 2:46 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001417028

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Oct 15, 2015	J	125,000	—	A	250,000	D
Common Stock^F1	Dec 31, 2015	J	250,000	—	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Grant^F1	$0.00	Jul 10, 2015	A	1,250,000	A	—	Dec 31, 2017	Common Stock	1,250,000	1,250,000	D
Restricted Stock Grant^F1	$0.00	Dec 24, 2015	D	1,250,000	D	—	—	Common Stock	1,250,000	0	D
Warrant^F1	$0.05	Dec 24, 2015	A	1,500,000	A	—	Dec 31, 2018	Common Stock	1,500,000	1,500,000	D
Warrant^F2	$0.05	Dec 24, 2015	A	1,500,000	A	—	Dec 31, 2018	Common Stock	1,500,000	3,000,000	D

F1Reporting person received a grant of restricted stock for 1,250,000 shares of common stock, to vest in equal increments of 1/10th each quarter, beginning on 07/10/15 for the quarter ended 06/30/15, and thereafter, on the first day of each subsequent quarter, until fully vested. On each of July 10, 2015, and October 15, 2015, 125,000 shares were issued to reporting person, and on 12/24/15, the grant of restricted stock and the shares vested were cancelled in exchange for a warrant to purchase 1,500,000 shares of common stock, at an exercise price of $0.05 per share.
F2Reporting person received a warrant to purchase 1,500,000 shares of common stock, at an exercise price of $0.05 per share, to vest in equal increments of 1/10th on the last day of each quarter, beginning March 31, 2016, until fully vested.
F3K - Transaction in equity swap or instrument with similar characteristics.