Lawrence Wert - 01 Mar 2021 Form 4/A - Amendment Insider Report for Exactus, Inc. (PLSH)

Role
Director
Signature
/s/ Lawerence J. Wert
Issuer symbol
PLSH
Transactions as of
01 Mar 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
06 Jul 2021, 21:56:21 UTC
Date Of Original Report
02 Jul 2021
Next filing
02 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLSH Common Stock Award $0 +65,789 +0.77% $0.000000 8,620,297 01 Mar 2021 Direct F1
transaction PLSH Common Stock Award $0 +3,500,000 +68% $0.000000 8,620,297 31 Mar 2021 Direct F2
transaction PLSH Common Stock Award $0 +28,000,000 +325% $0.000000 36,620,297 30 Jun 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 -3,500,000 -100% $0.000000* 0 31 Mar 2021 Common Stock 3,500,000 $0.0250 Direct F1
transaction PLSH Options Award $0 +28,000,000 $0.000000 28,000,000 30 Jun 2021 Common Stock 28,000,000 $0.1000 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.