SEC Form 4 · accession 0001387131-16-005990
GENERAL CANNABIS CORP · CANN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shelly Whitson
Officer — Principal Accounting Officer
Period of report
Jul 1, 2016
Accepted (ET)
Jul 8, 2016 · 5:29 pm EDT
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 | $0.90 | Jul 1, 2016 | A | 1 | A | Jul 1, 2017 | Jul 1, 2022 | Common Stock | 25,000 | 115,000 | D |
Explanation of responses
- F1The Options vests over a one year period