Lawrence Wert - Mar 1, 2021 Form 4/A - Amendment Insider Report for Exactus, Inc. (PLSH)

Role
Director
Signature
/s/ Lawerence J. Wert
Stock symbol
PLSH
Transactions as of
Mar 1, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
7/6/2021, 09:56 PM
Date Of Original Report
Jul 2, 2021
Next filing
Jul 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLSH Common Stock Award $0 +65.8K +0.77% $0.00 8.62M Mar 1, 2021 Direct F1
transaction PLSH Common Stock Award $0 +3.5M +68.36% $0.00 8.62M Mar 31, 2021 Direct F2
transaction PLSH Common Stock Award $0 +28M +324.81% $0.00 36.6M Jun 30, 2021 Direct F3

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 PLSH Options Disposed to Issuer $0 -3.5M -100% $0.00* 0 Mar 31, 2021 Common Stock 3.5M $0.03 Direct F1
transaction PLSH Options Award $0 +28M $0.00 28M Jun 30, 2021 Common Stock 28M $0.10 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued as director compensation.
F2 Shares issued upon exchange of non-qualified incentive options for an equivalent number of shares of common stock.
F3 Consists of options to purchase common stock at a price of $0.10 per share. One-half of the stock options vest upon the effective date of a 1:28 reverse stock split of the Issuer's common stock, and the remainder vest on June 30, 2022, subject to continued service as a director of the Issuer.