SEC Form 4 · accession 0001511164-17-000703
KushCo Holdings, Inc. · KSHB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicholas Kovacevich
Officer — Chief Executive Officer · Director
Period of report
Nov 14, 2017
Accepted (ET)
Nov 17, 2017 · 4:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001604627
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 Option (right to buy)F1 | $2.39 | Nov 14, 2017 | A | 120,000 | A | Nov 14, 2018 | Nov 14, 2027 | Common Stock | 120,000 | 120,000 | D |
Explanation of responses
- F1The Reporting Person received an Option to purchase Common Stock from the Issuer pursuant to the Issuer's 2016 Stock Incentive Plan. The Option will become exercisable as to one-half (1/2) of the shares underlying the Option on November 14, 2018, and the remaining balance vests monthly on the first day of each calendar month thereafter for a period of one year.