SEC Form 4 · accession 0001387131-18-001917
GENERAL CANNABIS CORP · CANN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shelly Whitson
Officer — Chief Administrative Officer
Period of report
May 2, 2018
Accepted (ET)
May 3, 2018 · 6:11 pm EDT
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 | May 2, 2018 | M | 5,000 | $0.605 | A | 5,000 | D | |
| Common Stock | May 2, 2018 | M | 15,000 | $0.61 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF2,F1 | $0.605 | May 2, 2018 | M | 5,000 | D | — | Dec 15, 2021 | Common Stock | 5,000 | 0 | D |
| OptionF2,F1 | $0.61 | May 2, 2018 | M | 15,000 | D | — | Apr 1, 2022 | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1Currently exercisable.
- F2The reporting person obtained the listed securities pursuant to the Issuer's 2014 Equity Incentive Plan.