SEC Form 4 · accession 0001387131-18-005287
GENERAL CANNABIS CORP · CANN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brett M Wendt
Officer — EVP and General Counsel
Period of report
Oct 1, 2018
Accepted (ET)
Oct 4, 2018 · 6:43 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 | $3.82 | Oct 1, 2018 | A | 300,000 | A | Oct 1, 2018 | Oct 1, 2023 | Common Stock | 300,000 | 300,000 | D |
Explanation of responses
- F1One-third (1/3) of the shares of common stock subject to the Option vests on each anniversary of the grant date.