Martin Wenzel - Mar 11, 2021 Form 4 Insider Report for Global Clean Energy Holdings, Inc. (GCEH)

Role
Director
Signature
/s/ Martin Wenzel
Stock symbol
GCEH
Transactions as of
Mar 11, 2021
Transactions value $
$0
Form type
4
Date filed
6/4/2021, 01:40 PM
Next filing
Jan 19, 2022

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 GCEH Stock Option (right to buy) Award $0 +200K $0.00 200K Mar 11, 2021 Common Stock 200K $0.42 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Issuer effected a 1-for-10 reverse stock split on March 26, 2021, which subsequently reduced the number of stock options issued to 20,000 and increased the conversion price to $4.20.
F2 The Stock Option shall vest in four equal quarterly installments on March 31, 2021, June 30, 2021, September 30, 2021, and December 31, 2021.