SEC Form 4 · accession 0001209191-16-152214
GENERAL CANNABIS CORP · CANN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Duncan Levin
Director
Period of report
Nov 22, 2016
Accepted (ET)
Nov 28, 2016 · 6:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001477009
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF1 | $3.07 | Nov 22, 2016 | A | 100,000 | A | Nov 22, 2016 | Nov 22, 2021 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1The options vest over a one year period.