Rodrigo de Oliveira - Aug 31, 2021 Form 4 Insider Report for KushCo Holdings, Inc. (KSHB)

Role
Chief Operating Officer
Signature
/s/ Stephen Christoffersen, as attorney-in-fact
Stock symbol
KSHB
Transactions as of
Aug 31, 2021
Transactions value $
$0
Form type
4
Date filed
9/1/2021, 05:28 PM
Next filing
Sep 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KSHB Common Stock Disposed to Issuer -330K -100% 0 Aug 31, 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 -41.7K -100% 0 Aug 31, 2021 Common Stock 41.7K $1.33 Direct F2
transaction KSHB Option to Purchase Disposed to Issuer -500K -100% 0 Aug 31, 2021 Common Stock 500K $0.63 Direct F3
transaction KSHB Option to Purchase Disposed to Issuer -30K -100% 0 Aug 31, 2021 Common Stock 30K $0.63 Direct F4
transaction KSHB Option to Purchase Disposed to Issuer -68.8K -100% 0 Aug 31, 2021 Common Stock 68.8K $0.63 Direct F5
transaction KSHB Option to Purchase Disposed to Issuer -169K -100% 0 Aug 31, 2021 Common Stock 169K $0.63 Direct F6
transaction KSHB Option to Purchase Disposed to Issuer -57.1K -100% 0 Aug 31, 2021 Common Stock 57.1K $0.58 Direct F7
transaction KSHB Option to Purchase Disposed to Issuer -143K -100% 0 Aug 31, 2021 Common Stock 143K $0.58 Direct F8
transaction KSHB Option to Purchase Disposed to Issuer -143K -100% 0 Aug 31, 2021 Common Stock 143K $0.58 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Rodrigo de Oliveira 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 99,446 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 102,653 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 12,566 shares of Greenlane Holdings, Inc. common stock for $4.41 per share.
F3 This option, which was fully vested, was assumed by Greenlane Holdings, Inc. in the merger and replaced with an option to purchase 150,800 shares of Greenlane Holdings, Inc. common stock for $2.09 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 9,048 shares of Greenlane Holdings, Inc. common stock for $2.09 per share.
F5 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 20,735 shares of Greenlane Holdings, Inc. common stock for $2.09 per share.
F6 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 50,895 shares of Greenlane Holdings, Inc. common stock for $2.09 per share.
F7 This option, which was fully vested, was assumed by Greenlane Holdings, Inc. in the merger and replaced with an option to purchase 17,234 shares of Greenlane Holdings, Inc. common stock for $1.93 per share.
F8 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 43,085 shares of Greenlane Holdings, Inc. common stock for $1.93 per share.
F9 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 43,085 shares of Greenlane Holdings, Inc. common stock for $1.93 per share.