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

Role
Director
Signature
/s/ Martin Wenzel
Issuer symbol
GCEHQ
Transactions as of
11 Mar 2021
Net transactions value
$0
Form type
4
Filing time
04 Jun 2021, 13:40:58 UTC
Next filing
19 Jan 2022
SEC
View on sec.gov

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 +200,000 $0.000000 200,000 11 Mar 2021 Common Stock 200,000 $0.4200 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.