SEC Form 4 · accession 0001387131-17-000142
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
Jan 5, 2017
Accepted (ET)
Jan 9, 2017 · 6:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001477009
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 5, 2017 | M | 20,000 | $0.605 | A | 20,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF2,F1 | $0.605 | Jan 5, 2017 | M | 20,000 | D | — | Dec 15, 2021 | Common Stock | 20,000 | 5,000 | D |
Explanation of responses
- F1Currently Exercisable.
- F2The Reporting Person obtained the listed securities pursuant to the Issuer's 2014 Equity Incentive Plan.