James N. Woody - 04 Sep 2023 Form 4 Insider Report for 180 Life Sciences Corp. (ATNF)

Signature
/s/ James N. Woody
Issuer symbol
ATNF
Transactions as of
04 Sep 2023
Net transactions value
$0
Form type
4
Filing time
08 Sep 2023, 16:00:39 UTC
Previous filing
18 May 2023
Next filing
18 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ATNF Common Stock 41,888 04 Sep 2023 Direct

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 ATNF Stock Option (Right to Buy) Award $0 +75,000 $0.000000 75,000 04 Sep 2023 Common Stock 75,000 $0.6700 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Stock Options were granted to the Reporting Person pursuant to the Issuer's First Amended and Restated 2022 Omnibus Incentive Plan in consideration for services to be rendered as Chief Executive Officer. Exempt from Section 16(b) pursuant to Rule 16b-3.
F2 The options vest at the rate of 1/12th of such options ratably on a monthly basis over the following 12 months on the last day of each calendar month (beginning September 30, 2023), subject to the Reporting Person's continued service to the Company on such vesting dates.