SEC Form 5 · accession 0001387131-17-000520
GENERAL CANNABIS CORP · CANN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Lawrence Frichtel
Officer — Chief Executive Officer · Director
Period of report
Dec 31, 2016
Accepted (ET)
Feb 3, 2017 · 4:21 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 | Nov 17, 2016 | G | 50,000 | — | D | 856,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction represents a gift / charitable donation to a 501(c)(3) charitable organization. This is not a market transaction, thus no price has been reported. No value was received for the gifted shares.