SEC Form 3 · accession 0001079974-18-000085
GO2GREEN LANDSCAPING, INC. · GTGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Beavers
Officer — Chief Commercial Officer · Director
Period of report
Feb 13, 2018
Accepted (ET)
Feb 15, 2018 · 6:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001659183
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 1,133,878 | 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)F1 | $0.375 | holding | — | — | — | Feb 13, 2018 | Feb 13, 2028 | Common Stock | 485,948 | — | D |
| Stock Option (right to buy)F2 | $0.375 | holding | — | — | — | Feb 13, 2018 | Feb 13, 2028 | Common Stock | 800,000 | — | D |
Explanation of responses
- F1The Reporting Person received an Option to purchase Common Stock from the Issuer pursuant to the Issuer's 2018 Equity Incentive Plan. The Option Grants will become exercisable as to one-third (1/3) of the shares underlying the Option per year.
- F2The Reporting Person received an Option to purchase Common Stock from the Issuer pursuant to the Issuer's 2018 Equity Incentive Plan. The Option Grants will become vested and become exercisable at a rate of one-thirty sixth (1/36) of the shares underlying the Option per month, but will vest 100% upon a change of control transaction.