Neil Closner - Mar 17, 2021 Form 4/A - Amendment Insider Report for Greenlane Holdings, Inc. (GNLN)

Role: Director
Signature: /s/ Douglas Fischer, as attorney-in-fact for Neil Closner
Stock symbol: GNLN
Transactions as of: Mar 17, 2021
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 6/25/2021, 04:38 PM
Date Of Original Report: Mar 19, 2021

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	GNLN	Director Stock Option (right to buy)	Award	$0	+11.5K		$0.00	11.5K	Mar 17, 2021	Class A Common Stock	11.5K	$5.71	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Explanatory Note: This amended Form 4 is being filed to correct the Form 4 filed on March 19, 2021 (the "Original Form 4"), which inadvertently reported the Black-Scholes value of the Stock Options awarded to the Reporting Person rather than the exercise price of the Stock Options. All other information previously reported in the Original Form 4, and restated in this amended Form 4, remains correct.
F2	The Reporting Person received a grant of stock options on March 17, 2021 under the Issuer's 2019 Equity Incentive Plan. These options vested 50% on the grant date and vest 50% on March 17, 2022, such that on March 17, 2022, the Reporting Person's Director Stock Options shall be 100% vested.

Content

Explanatory Note: This amended Form 4 is being filed to correct the Form 4 filed on March 19, 2021 (the "Original Form 4"), which inadvertently reported the Black-Scholes value of the Stock Options awarded to the Reporting Person rather than the exercise price of the Stock Options. All other information previously reported in the Original Form 4, and restated in this amended Form 4, remains correct.

The Reporting Person received a grant of stock options on March 17, 2021 under the Issuer's 2019 Equity Incentive Plan. These options vested 50% on the grant date and vest 50% on March 17, 2022, such that on March 17, 2022, the Reporting Person's Director Stock Options shall be 100% vested.