Peter A. Kadens - 31 Aug 2021 Form 4 Insider Report for KushCo Holdings, Inc.

Role
Director
Signature
/s/ Stephen Christoffersen, as attorney-in-fact
Issuer symbol
N/A
Transactions as of
31 Aug 2021
Net transactions value
$0
Form type
4
Filing time
01 Sep 2021, 17:26:12 UTC
Previous filing
16 Aug 2021
Next filing
16 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KSHB Common Stock Disposed to Issuer -172,337 -100% 0 31 Aug 2021 Direct F1

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 KSHB Option to Purchase Disposed to Issuer -94,498 -100% 0 31 Aug 2021 Common Stock 94,498 $1.46 Direct F2
transaction KSHB Option to Purchase Disposed to Issuer -94,498 -100% 0 31 Aug 2021 Common Stock 94,498 $0.8400 Direct F3
transaction KSHB Option to Purchase Disposed to Issuer -12,500 -100% 0 31 Aug 2021 Common Stock 12,500 $0.6800 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Peter A. Kadens is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of pursuant to merger agreement between issuer and Greenlane Holdings, Inc. in exchange for 51,976 shares of Greenlane Holdings, Inc. common stock having a market value of $2.61 per share on the effective date of the merger. This number includes 51,835 restricted stock units that accelerated and vested in full prior to the merger.
F2 This option, which was fully vested, was assumed by Greenlane Holdings, Inc. in the merger and replaced with an option to purchase 28,500 shares of Greenlane Holdings, Inc. common stock for $4.85 per share.
F3 This option, which vested in full in connection with the merger, was assumed by Greenlane Holdings, Inc. in the merger and replaced with an option to purchase 28,500 shares of Greenlane Holdings, Inc. common stock for $2.79 per share.
F4 This option, which vested in full in connection with the merger, was assumed by Greenlane Holdings, Inc. in the merger and replaced with an option to purchase 3,770 shares of Greenlane Holdings, Inc. common stock for $2.26 per share.