SEC Form 4 · accession 0001144204-19-001254
KushCo Holdings, Inc. · KSHB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicholas Kovacevich
Officer — Chairman and CEO · Director · 10% Owner
Period of report
Jan 7, 2019
Accepted (ET)
Jan 9, 2019 · 6:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001604627
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jan 7, 2019 | S | 100,000 | $5.98 | D | 11,135,000 | D | |
| Common StockF3 | Jan 8, 2019 | S | 50,000 | $6.03 | D | 11,085,000 | D | |
| Common StockF4 | Jan 9, 2019 | S | 50,000 | $6.15 | D | 11,035,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales of shares reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for asset diversification purposes.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.80 to $6.06, inclusive. The reporting person hereby undertakes to provide to KushCo Holdings, Inc., any security holder of KushCo Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.80 to $6.16, inclusive. The reporting person hereby undertakes to provide to KushCo Holdings, Inc., any security holder of KushCo Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.95 to $6.18, inclusive. The reporting person hereby undertakes to provide to KushCo Holdings, Inc., any security holder of KushCo Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4.