Richard A. Akright - May 27, 2021 Form 4/A - Amendment Insider Report for urban-gro, Inc. (UGRO)

Role: Chief Financial Officer
Signature: /s/ Richard Akright
Stock symbol: UGRO
Transactions as of: May 27, 2021
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 2/4/2022, 04:22 PM
Date Of Original Report: Jun 1, 2021
Next filing: Feb 8, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UGRO	Common Stock	Award	$0	+12.4K	+21.22%	$0.00	70.7K	May 27, 2021	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	UGRO	Common Stock Option	Award	$0	+833		$0.00	833	Apr 1, 2019	Common Stock	833	$7.20	Direct	F2

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

Explanation of Responses:

Id	Content
F1	On June 1, 2021, the Reporting Person filed a Form 4 Amendment which inadvertently reported that the Reporting Person owns an aggregate of 71,547 shares of common stock following the transaction reported therein. In fact, the Reporting Person owns an aggregate of 70,714 shares of common stock and a stock option to purchase 833 shares of common stock. The 70,714 total includes: a grant of 50,000 shares of restricted stock that vest proportionately over a three-year period beginning on January 1, 2021, vesting fully on December 31, 2024; a grant of 12,380 shares of restricted stock that vest proportionately over a three-year period beginning on December 31, 2021, fully vesting on December 31, 2023; and 8,334 shares of common stock.
F2	The stock option vested proportionately over a three-year period on each quarter-end beginning on June 30, 2019; the stock option fully vested on March 31, 2021.

Content

On June 1, 2021, the Reporting Person filed a Form 4 Amendment which inadvertently reported that the Reporting Person owns an aggregate of 71,547 shares of common stock following the transaction reported therein. In fact, the Reporting Person owns an aggregate of 70,714 shares of common stock and a stock option to purchase 833 shares of common stock. The 70,714 total includes: a grant of 50,000 shares of restricted stock that vest proportionately over a three-year period beginning on January 1, 2021, vesting fully on December 31, 2024; a grant of 12,380 shares of restricted stock that vest proportionately over a three-year period beginning on December 31, 2021, fully vesting on December 31, 2023; and 8,334 shares of common stock.

The stock option vested proportionately over a three-year period on each quarter-end beginning on June 30, 2019; the stock option fully vested on March 31, 2021.