David R. Walker - 01 Jul 2016 Form 4 Insider Report for Global Clean Energy Holdings, Inc. (GCEHQ)

Role: Director
Signature: /s/ David R. Walker
Issuer symbol: GCEHQ
Transactions as of: 01 Jul 2016
Net transactions value: +$268,000
Form type: 4
Filing time: 15 Jun 2021, 21:59:19 UTC
Next filing: 16 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GCEH	Common Stock	Options Exercise	$268,000	+50,000	+55%	$5.36	140,354	13 Jun 2021	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	GCEH	Stock Option (right to buy)	Award	$0	+500,000		$0.000000	500,000	01 Jul 2016	Common Stock	500,000	$0.003000	Direct	F1, F2
transaction	GCEH	Stock Option (right to buy)	Options Exercise	$0	+50,000		$0.000000^*	0	13 Jun 2021	Common Stock	50,000	$0.0300	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 50,000 and increased the conversion price to $0.03.
F2	The Stock Option vested twelve equal monthly installments, becoming fully vested on 07/01/2017.