SEC Form 5 · accession 0001387131-17-000517
GENERAL CANNABIS CORP · CANN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Feinsod
Director · 10% Owner
Period of report
Dec 31, 2016
Accepted (ET)
Feb 3, 2017 · 4:18 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 StockF1,F2,F3 | Apr 28, 2016 | G | 100,000 | — | D | 1,400,000 | I | By Infinity Capital, LLC |
| Common StockF1,F4,F2 | Nov 29, 2016 | G | 100,000 | — | D | 1,300,000 | I | By Infinity Capital, LLC |
| Common StockF4 | holding | — | — | — | 15,700 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction relates to a charitable donation to a 501(c)(3) charitable organization.
- F2The Reporting Person is the sole member (and managing member) of Infinity Capital, LLC.
- F3The Form 4 filed by the reporting person on September 8, 2016 inadvertently omitted from column 5 15,700 shares of common stock of the Company directly held by the reporting person.
- F4The amount of shares beneficially owned was adjusted to reconcile with the Reporting Person's records.