Rick Purdy - Dec 6, 2021 Form 4 Insider Report for CEN BIOTECH INC (CENBF)

Role
SVP of Deals and Acquisitions, Director
Signature
/s/ Rick Purdy
Stock symbol
CENBF
Transactions as of
Dec 6, 2021
Transactions value $
$0
Form type
4
Date filed
4/13/2022, 05:00 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CENBF Common Stock Award $0 +2.5M +807.83% $0.00 2.81M Dec 6, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2,500,000 shares of common stock of the issuer were granted to Rick Purdy (the "Reporting Person") on December 6, 2021, pursuant to a restricted stock agreement pursuant to the issuer's equity compensation plan and the issuance was approved by the issuer's full board of directors. 700,000 shares vested as of December 6, 2021, and the remainder vest in accordance with the agreement.
F2 The Reporting Persons holds 309,470 shares of the Issuer's common stock in the name of Herc Holdings Inc.