SEC Form 3 · accession 0001079974-18-000153
GO2GREEN LANDSCAPING, INC. · GTGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew James Norstrud
Officer — Chief Financial Officer
Period of report
Mar 14, 2018
Accepted (ET)
Mar 28, 2018 · 5:07 pm EDT
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 | — | — | — | 100,000 | 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 | — | — | — | Mar 9, 2018 | Mar 9, 2028 | Common Stock | 300,000 | — | 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 Options will become vested and exercisable at a rate of one-thirty sixth (1/36th) of the shares underlying the Options per month, but will vest 100% upon a change of control transaction. Also, upon termination of the Reporting Person, he shall be able to exercise any remaining vested Options for a period of 180 days.