Roger James Bloss - 31 Dec 2020 Form 5 Insider Report for MJ Holdings, Inc.

Role: Chief Executive Officer
Signature: /s/ Roger James Bloss
Issuer symbol: MJNE on OTC
Transactions as of: 31 Dec 2020
Net transactions value: +$375,000
Form type: 5
Filing time: 03 Jun 2021, 08:35:18 UTC
Next filing: 11 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MJNE	Common stock						1,768,562	31 Dec 2020	Direct	F1

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	MJNE	Stock option	Award	$375,000	+500,000		$0.7500^*	500,000	15 Sep 2020	Common stock	500,000	$0.7500	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 1,000,000 shares of common stock acquired by Mr. Bloss pursuant to the Company's Regulation D private placement offering at $0.75 per share, 500,000 shares of common stock issued upon the conversion of a $250,000 convertible note, 18,562 shares of common stock issued as an interest payment against a convertible note and 250,000 shares of common stock issued for services rendered on behalf of the Company.
F2	On September 15, 2020, Mr. Bloss was granted an option to purchase 500,000 shares of the Company's common stock as per the terms of his Employment Agreement (the "Agreement") dated September 15, 2020. The option has an exercise price of $0.75 and expires on the three-year anniversary date of the Agreement. 250,000 shares vested upon execution of the Agreement and 250,000 shares vest at the one-year anniversary of the Agreement.

Content

Includes 1,000,000 shares of common stock acquired by Mr. Bloss pursuant to the Company's Regulation D private placement offering at $0.75 per share, 500,000 shares of common stock issued upon the conversion of a $250,000 convertible note, 18,562 shares of common stock issued as an interest payment against a convertible note and 250,000 shares of common stock issued for services rendered on behalf of the Company.

On September 15, 2020, Mr. Bloss was granted an option to purchase 500,000 shares of the Company's common stock as per the terms of his Employment Agreement (the "Agreement") dated September 15, 2020. The option has an exercise price of $0.75 and expires on the three-year anniversary date of the Agreement. 250,000 shares vested upon execution of the Agreement and 250,000 shares vest at the one-year anniversary of the Agreement.