Anthony K. McDonald - Nov 24, 2021 Form 4 Insider Report for CEA Industries Inc. (CEAD)

Role
CEO/President, Director
Signature
/s/ Anthony K McDonald
Stock symbol
CEAD
Transactions as of
Nov 24, 2021
Transactions value $
$50,000
Form type
4
Date filed
11/29/2021, 03:06 PM
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CEAD Common Stock Other $50K +1.02M +517.01% $0.05* 1.22M Nov 24, 2021 Direct

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 +6.79M 6.79M Nov 24, 2021 Common Stock 6.79M $0.05 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of stock options to purchase 6,790,340 shares of common stock, under the 2021 Equity Incentive Plan, at an exercise price of $0.049 per share, the price of a share of common stock on the day immediately prior to the signing of the employment agreement. The options vest at the rate of one third the total amount, on November 24, in each of the years 2021, 2022 and 2023. 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.