Noah Verleun - Jun 7, 2020 Form 3/A - Amendment Insider Report for Global Clean Energy Holdings, Inc. (GCEH)

Signature
/s/ Noah Verleun
Stock symbol
GCEH
Transactions as of
Jun 7, 2020
Transactions value $
$0
Form type
3/A - Amendment
Date filed
5/19/2022, 08:51 PM
Date Of Original Report
Jun 22, 2021
Next filing
Jun 22, 2021

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
holding GCEH Stock Option (right to buy) Jun 7, 2020 Common Stock 2.76M $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option was 25% vested on the grant date (09/17/2018). The remaining 75% vested in 36 equal installments beginning on the grant date.
F2 The original Form 3 underreported the number of shares by 500,000 shares. The original Form 3 reported 2,257,143 shares; it should have reported 2,757,143 shares.
F3 The Issuer effected a 1-for-10 reverse stock split on March 26, 2021, which subsequently reduced the number of options to 275,714 and increased the conversion price to $0.035.

Remarks:

On the date that the original Form 3 was filed, 06/22/2021, the title of the reporting person was EVP - Development & Regulatory Affairs. On the date that this amendment is being filed, 05/19/2022, the title of the reporting person is President.