SEC Form 4/A · accession 0001019687-16-005161
CV Sciences, Inc. · CVSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Michael Joseph Mona Jr.
Officer — President and CEO · Director
Period of report
Dec 8, 2014
Accepted (ET)
Feb 12, 2016 · 3:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001510964
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2,F1 | $2.64 | Dec 8, 2014 | A | 4,000,000 | A | — | Dec 7, 2024 | Common Stock | 4,000,000 | 4,000,000 | D |
Explanation of responses
- F1The option is durational-based, and vests and becomes exercisable as follows: 67% of the shares subject to the option are vested as of the vesting commencement date with the remainder vesting in twelve (12) equal monthly installments measured from January 31, 2015. The vesting commencement date for the option is December 8, 2014.
- F2Pursuant to that certain Decree of Divorce, dated July 23, 2015 (the "Decree"), issued by the District Court, Clark County, Nevada (the "Court"), the Court awarded 3,000,000 shares of the option to Ms. Rhonda Mona, the ex-wife of the Reporting Person. Pursuant to the Issuer's Amended and Restated 2013 Equity Incentive Plan, the stock options to purchase shares of Common Stock granted under the Plan may not be transferred, however, pursuant to the Decree the Reporting Person believes that Ms. Mona has shared beneficial ownership of 3,000,000 of the shares of Common Stock that would be acquired upon exercise of the option.