SEC Form 4 · accession 0001415889-18-001380
Exactus, Inc. · EXDI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kelley A Wendt
Officer — CHIEF FIN OFFICER AND TREAS
Period of report
Sep 4, 2018
Accepted (ET)
Sep 13, 2018 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001552189
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F1,F2 | $0.089 | Sep 4, 2018 | A | 225,000 | A | Sep 4, 2018 | Sep 4, 2023 | Common Stock | 225,000 | 225,000 | D |
Explanation of responses
- F1178,125 stock options are fully vested with the remainder vesting monthly in equal increments over a 15 month period beginning on October 1, 2018, subject to execution of the Company's standard stock option agreement and continued service as an officer of the Company on each applicable vesting date.
- F2Not applicable.