Robert J. Costantino - Aug 12, 2022 Form 4 Insider Report for Cure Pharmaceutical Holding Corp. (AVRW)

Role
Director
Signature
/s/ Joel M. Bennett, Attorney-in-Fact for Robert J. Costantino
Stock symbol
AVRW
Transactions as of
Aug 12, 2022
Transactions value $
$0
Form type
4
Date filed
9/13/2022, 04:15 PM
Previous filing
Aug 4, 2022
Next filing
Aug 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVRW Common Stock Award $0 +227K +31.2% $0.00 954K Aug 12, 2022 Direct F1, F2
holding AVRW Common Stock 22.4K Aug 12, 2022 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This late filing is due to an inadvertent administrative error and not any error of the Reporting Person.
F2 Represents the grant of restricted stock units ("RSUs") under the Issuer's 2017 Equity Incentive Plan pursuant to the Issuer's Non-Employee Director Compensation Policy. The RSUs will vest on the earlier of (i) the first anniversary of the grant date, or (ii) the day immediately preceding the next annual meeting of stockholders following the grant date, subject to the Reporting Person's continued service through the vesting date. The RSUs will vest in full immediately prior to the consummation of a change in control of the Issuer. The RSUs will be settled in shares of the Issuer's common stock upon vesting.
F3 Held in a Rollover IRA by the spouse of the Reporting Person, as reported on Form 3 filed with the Securities and Exchange Commission on August 19, 2022.