Gregory D. Gorgas - Dec 3, 2021 Form 4 Insider Report for ARTELO BIOSCIENCES, INC. (ARTL)

Role
President, CEO, CFO, Treasurer & Secretary, Director
Signature
/s/ Gregory D. Gorgas
Stock symbol
ARTL
Transactions as of
Dec 3, 2021
Transactions value $
$0
Form type
4
Date filed
12/6/2021, 07:57 PM
Next filing
Aug 11, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ARTL Stock Option (right to buy) Award $0 +1.36M $0.00 1.36M Dec 3, 2021 Common Stock 1.36M $0.63 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's 2018 Equity Incentive Plan) through each such applicable vesting date, twenty five percent (25%) of the shares subject to the option shall vest on the one (1) year anniversary of the Vesting Commencement Date, and one forty-eighth (1/48th) of the shares subject to the option shall vest each month thereafter on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month), such that the option shall be fully vested on the four (4) year anniversary of the Vesting Commencement Date. "Vesting Commencement Date" shall mean December 3, 2021.

Remarks:

President, CEO, CFO, Treasurer & Secretary