SEC Form 4 · accession 0001144204-15-041876
CV Sciences, Inc. · CVSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Larry Phillip Raskin
Director
Period of report
May 5, 2015
Accepted (ET)
Jul 9, 2015 · 9:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001510964
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 7, 2015 | A | 25,000 | $0.00 | A | 425,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $1.80 | May 5, 2015 | A | 40,000 | A | May 5, 2015 | May 4, 2025 | Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F1The shares were issued pursuant to that certain Stock Award Agreement, dated as of May 7, 2015, by and between Mr. Raskin and the Issuer under the Issuer's Amended and Restated 2013 Equity Incentive Plan. The consideration for the grant of the shares was service on the Issuer's Board of Directors by Mr. Raskin, valued at $44,500, as of May 7, 2015.
- F2Fully vested on the date of grant.