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

Role
Title: President Sales and Marketing North America.
Signature
/s/ Douglas Fischer, as attorney-in-fact for Michael Cellucci
Stock symbol
GNLN
Transactions as of
Mar 17, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
6/25/2021, 04:41 PM
Date Of Original Report
Mar 19, 2021
Next filing
Sep 9, 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 Stock Option (right to buy) Award $0 +19K $0.00 19K Mar 17, 2021 Class A Common Stock 19K $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. The Stock Options beneficially owned by the Reporting Person will vest ratably on each of the first four anniversaries of the date of the grant, such that on March 17, 2025, the Reporting Person's Stock Options shall be 100% vested.

Remarks:

Title: President Sales and Marketing North America.