SEC Form 4 · accession 0001144204-15-059303
CV Sciences, Inc. · CVSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Mona III
Officer — Vice President of Operations
Period of report
Sep 23, 2015
Accepted (ET)
Oct 13, 2015 · 9:48 pm EDT
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)F1 | $0.73 | Sep 23, 2015 | A | 343,000 | A | — | Sep 22, 2025 | Common Stock | 343,000 | 343,000 | D |
Explanation of responses
- F1The option is durational-based, and vests and becomes exercisable as follows: (i) fifty percent (50%) of the shares subject to the option will be vested upon the one (1) year anniversary of the Vesting Commencement Date; and (ii) the balance of the shares subject to the option will be vested in a series of twelve (12) successive equal monthly installments measured from the first anniversary of the Vesting Commencement Date. The Vesting Commencement Date for the option is September 23, 2015.