Lana Reeve - 06 Dec 2022 Form 4 Insider Report for Greenlane Holdings, Inc. (GNLN)

Role
Title: Chief Financial and Legal Officer
Signature
/s/ Lana Reeve
Issuer symbol
GNLN
Transactions as of
06 Dec 2022
Net transactions value
$0
Form type
4
Filing time
16 Dec 2022, 15:02:10 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNLN Class A Common Stock Award $0 +50,000 $0.000000 50,000 06 Dec 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received a grant of restricted shares ("RSAs") of Class A common stock on December 6, 2022 as as a material inducement to employment in accordance with Nasdaq Listing Rule 5635(c)(4). The RSAs were granted outside of the Issuer's Second Amended and Restated 2019 Equity Incentive Plan. The shares of Class A common stock beneficially owned by the Reporting Person will vest ratably on each of the six- and twelve-month anniversaries of the date of the grant, such that on December 6, 2023, the Reporting Person's shares of Class A common stock shall be 100% vested.

Remarks:

Title: Chief Financial and Legal Officer