SEC Form 4 · accession 0001493152-17-008844
CEA Industries Inc. · BNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy J Keating
Director
Period of report
Aug 8, 2017
Accepted (ET)
Aug 10, 2017 · 12:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001482541
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.00001 per shareF1 | Aug 8, 2017 | A | 74,075 | — | A | 774,075 | D | |
| Common Stock, par value $0.00001 per shareF2 | Aug 8, 2017 | A | 700,000 | — | A | 1,474,075 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 8, 2017, the Issuer's board of directors approved the issuance of 74,075 shares of common stock in lieu of the cash payment of $10,000 of retainer fees for services rendered as a director, based on a closing price of Issuer's common stock of $0.135 on August 7, 2017.
- F2As reported on Form 3 on 3/28/17, as payment of services as a director, 700,000 shares of common stock will vest on March 1, 2018 if the Reporting Person continues to provide services as a director on March 1, 2018.