Brian Knaley - Jun 28, 2021 Form 4 Insider Report for Surna Inc. (CEAD)

Role: CFO/Treasurer, Director
Signature: /s/ R. Brian Knaley
Stock symbol: CEAD
Transactions as of: Jun 28, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/29/2021, 10:19 AM
Next filing: Feb 2, 2023

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	CEAD	Option to purchase common stock	Award		+250K			250K	Jun 28, 2021	Common Stock	250K	$0.06	Direct	F1
transaction	CEAD	Option to purchase common stock	Award		+417K			417K	Jun 28, 2021	Common Stock	417K	$0.06	Direct	F2
transaction	CEAD	Option to purchase common stock	Award		+665K			665K	Jun 28, 2021	Common Stock	665K	$0.06	Direct	F3
transaction	CEAD	Option to purchase common stock	Award		+668K			668K	Jun 28, 2021	Common Stock	668K	$0.06	Direct	F4

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

Explanation of Responses:

Id	Content
F1	Represents the grant of non-qualified stock options to purchase 250,000 shares of common stock at an exercise price of $0.061, the closing price of Issuer's common stock on June 25, 2021, which were vested and exercisable on the date of grant. These options were granted in connection with the Reporting Person's appointment as the Company's CEO and President. The grant of these options and the issuance of shares of common stock upon exercise are transactions exempt from Section 16(b) of the Exchange Act.
F2	Represents the grant of non-qualified stock options to purchase 250,000 shares of common stock at an exercise price of $0.061, the closing price of Issuer's common stock on June 25, 2021, which vest and become exercisable on June 30, 2022. These options were granted in connection with the Reporting Person's appointment as the Company's CEO and President. The grant of these options and the issuance of shares of common stock upon exercise are transactions exempt from Section 16(b) of the Exchange Act.
F3	Represents the grant of non-qualified stock options to purchase 250,000 shares of common stock at an exercise price of $0.061, the closing price of Issuer's common stock on June 25, 2021, which vest and become exercisable on June 30, 2023. These options were granted in connection with the Reporting Person's appointment as the Company's CEO and President. The grant of these options and the issuance of shares of common stock upon exercise are transactions exempt from Section 16(b) of the Exchange Act.
F4	Represents the grant of non-qualified stock options to purchase 250,000 shares of common stock at an exercise price of $0.061, the closing price of Issuer's common stock on June 25, 2021, which vest and become exercisable on June 30, 2024. These options were granted in connection with the Reporting Person's appointment as the Company's CEO and President. The grant of these options and the issuance of shares of common stock upon exercise are transactions exempt from Section 16(b) of the Exchange Act.