SEC Form 4 · accession 0001493152-17-008846
CEA Industries Inc. · BNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Taylor J. Simonton
Director
Period of report
Aug 8, 2017
Accepted (ET)
Aug 10, 2017 · 12:55 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 | 18,519 | — | A | 18,519 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to purchase common stockF2 | $0.135 | Aug 8, 2017 | A | 450,000 | A | Aug 8, 2017 | Aug 8, 2027 | Common Stock | 450,000 | 450,000 | D |
| Option to purchase common stockF3 | $0.135 | Aug 8, 2017 | A | 450,000 | A | Mar 1, 2018 | Aug 8, 2027 | Common Stock | 450,000 | 900,000 | D |
Explanation of responses
- F1On August 8, 2017, the Issuer's board of directors approved the issuance of 18,519 shares of common stock in lieu of the cash payment of $2,500 of retainer fees for services as a director, based on a closing price of Issuer's common stock of $0.135 on August 7, 2017.
- F2On August 8, 2017, the Issuer's board of directors approved the grant of non-qualified stock options to purchase 450,000 shares of common stock at an exercise price of $0.135, the closing price of Issuer's common stock on August 7, 2017, which were vested and exercisable on the date of grant. These options were granted for services as a director.
- F3On August 8, 2017, the Issuer's board of directors also approved the additional grant of non-qualified stock options to purchase 450,000 shares of common stock at an exercise price of $0.135, which vest and become exercisable on March 1, 2018 if the Reporting Person continues to provide services as a director on March 1, 2018. These options were granted for services as a director.