Nicholas Kovacevich - 01 Jul 2021 Form 4 Insider Report for Unrivaled Brands, Inc.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 01 Jul 2021
Net transaction value: $0
SEC form: 4
Accepted by SEC: 13 Jul 2021, 20:05:59 UTC
Next SEC filing: 01 Sep 2021
Source filing: View source filing
Reporting owner signature: /s/ Nicholas Kovacevich

Key filing fact

Nicholas Kovacevich filed Form 4 for Unrivaled Brands, Inc. on 13 Jul 2021.

Key facts

This page summarizes Nicholas Kovacevich's Form 4 filing for Unrivaled Brands, Inc..
10 reported transactions and 8 derivative rows are listed below.
Accepted by SEC: 13 Jul 2021, 20:05.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

UNRV transaction

Common Stock

Award

Transaction value
Shares: +955,459
Change %
Price
Shares after: 955,459
Date: 01 Jul 2021
Ownership: By Trust
Footnotes: F1

UNRV transaction

Common Stock

Award

Transaction value
Shares: +19,260,742
Change %
Price
Shares after: 19,260,742
Date: 01 Jul 2021
Ownership: By Alpha West Holdings, Inc.
Footnotes: F1, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

UNRV transaction Derivative

Warrant (Right to Buy)

Award

Transaction value
Shares: +480,806
Change %
Price
Shares after: 480,806
Date: 01 Jul 2021
Ownership: By Trust
Underlying class: Common Stock
Underlying amount: 480,806
Exercise price: $0.0100
Footnotes: F2

UNRV transaction Derivative

Warrant (Right to Buy)

Award

Transaction value
Shares: +2,555,094
Change %
Price
Shares after: 2,555,094
Date: 01 Jul 2021
Ownership: By Trust
Underlying class: Common Stock
Underlying amount: 2,555,094
Exercise price: $0.0100
Footnotes: F2

UNRV transaction Derivative

Warrant (Right to Buy)

Award

Transaction value
Shares: +480,806
Change %
Price
Shares after: 480,806
Date: 01 Jul 2021
Ownership: By Trust
Underlying class: Common Stock
Underlying amount: 480,806
Exercise price: $0.1900
Footnotes: F2

UNRV transaction Derivative

Warrant (Right to Buy)

Award

Transaction value
Shares: +576,968
Change %
Price
Shares after: 576,968
Date: 01 Jul 2021
Ownership: By Trust
Underlying class: Common Stock
Underlying amount: 576,968
Exercise price: $0.0100
Footnotes: F2

UNRV transaction Derivative

Warrant (Right to Buy)

Award

Transaction value
Shares: +576,968
Change %
Price
Shares after: 576,968
Date: 01 Jul 2021
Ownership: By Trust
Underlying class: Common Stock
Underlying amount: 576,968
Exercise price: $0.1900
Footnotes: F2

UNRV transaction Derivative

Warrant (Right to Buy)

Award

Transaction value
Shares: +980,845
Change %
Price
Shares after: 980,845
Date: 01 Jul 2021
Ownership: By Alpha West Holdings, Inc.
Underlying class: Common Stock
Underlying amount: 980,845
Exercise price: $0.0100
Footnotes: F2, F3

UNRV transaction Derivative

Warrant (Right to Buy)

Award

Transaction value
Shares: +807,527
Change %
Price
Shares after: 807,527
Date: 01 Jul 2021
Ownership: By Alpha West Holdings, Inc.
Underlying class: Common Stock
Underlying amount: 807,527
Exercise price: $0.0100
Footnotes: F2, F3

UNRV transaction Derivative

Warrant (Right to Buy)

Award

Transaction value
Shares: +980,845
Change %
Price
Shares after: 980,845
Date: 01 Jul 2021
Ownership: By Alpha West Holdings, Inc.
Underlying class: Common Stock
Underlying amount: 980,845
Exercise price: $0.1900
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents shares of the Issuer's common stock acquired by the Reporting Person in connection with the Issuer's acquisition of UMBRLA Inc., a Nevada corporation ("UMBRLA"), pursuant to an Agreement and Plan of Merger, dated as of March 2, 2021, pursuant to which a wholly owned subsidiary of the Issuer merged with and into UMBRLA (the "Merger"), with UMBRLA surviving the Merger as a wholly-owned subsidiary of the Issuer. At the effective time of the Merger, each share of UMBRLA common stock outstanding was converted into the right to receive 1.5386 shares of the Issuer's common stock (the "Exchange Ratio").

Footnote F2

Represents UMBRLA warrants held by the Reporting Person that were assumed by the Issuer in the Merger and converted into warrants exercisable for shares of the Issuer's common stock, as calculated based on the Exchange Ratio. The exercise price was adjusted to reflect the Exchange Ratio.

Footnote F3

Represents securities held by Alpha West Holdings, Inc., of which the Reporting Person is a stockholder. The Reporting Person disclaims beneficial ownership of these securities except to the extent of the Reporting Person's pecuniary interest therein.