SEC Form 4 · accession 0001571049-17-001082
Healthier Choices Management Corp. · HCMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Santi
Officer — President and COO
Period of report
Feb 2, 2017
Accepted (ET)
Feb 7, 2017 · 9:57 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000844856
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF1,F2,F3 | $0.0001 | Feb 2, 2017 | A | 25,000,000,000 | A | — | Feb 1, 2027 | Common Stock | 25,000,000,000 | 25,000,000,000 | D |
Explanation of responses
- F1Options vest as follows: 6,250,000,000 as of February 2, 2017; 6,250,000,000 as of March 31, 2017; 6,250,000,000 as of June 30, 2017 and 6,250,000,000 as of September 30, 2017.
- F2Pursuant to the terms of the option agreement between the holder and the Issuer, the option may not be exercised if the exercise would result in the holder beneficially owning (as determined in accordance with Section 13(d) of the Securities Exchange Act of 1934) in excess of 19.99% of all of the common stock of the Issuer outstanding at such time.
- F3Does not include vested options exercisable only for a fraction of a share of common stock.