SEC Form 3 · accession 0001493152-18-013236
CEA Industries Inc. · BNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony K McDonald
Director
Period of report
Sep 12, 2018
Accepted (ET)
Sep 14, 2018 · 9:09 am 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 | holding | — | — | — | 197,368 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | holding | — | — | — | — | — | Common Stock | 197,368 | — | D |
Explanation of responses
- F1This filing is being made as a result of the reporting person's appointment as a director of the Issuer on September 12, 2018. On September 12, 2018, in connection with the reporting person's appointment to the the Issuer's Board of Directors (the "Board"), the Board granted the reporting person a total of 394,736 restricted stock units ("RSUs"), which vest as follows: (i) 197,368 on the date of grant and are reflected in Table I above, and (ii) 197,368 on September 12, 2019, subject to his continued service through the vesting date, which are reflected in Table II above. The closing price of the Issuer's common stock as the grant date was $0.152. The grant of the RSUs and the issuance of shares of common stock upon vesting and settlement of the RSUs are transactions exempt from Section 16(b) of the Exchange Act.