Jeffrey Elliot Holman - Mar 17, 2023 Form 4 Insider Report for Healthier Choices Management Corp. (HCMC)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Jeffrey E. Holman
Stock symbol
HCMC
Transactions as of
Mar 17, 2023
Transactions value $
-$11,500
Form type
4
Date filed
3/21/2023, 05:18 PM
Previous filing
Jun 30, 2021
Next filing
Mar 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCMC Common Stock Disposed to Issuer -$9K -90M -0.99% $0.00* 8.99B Mar 20, 2023 Direct F1
transaction HCMC Common Stock Disposed to Issuer -$2.5K -25M -0.28% $0.00* 8.96B Mar 17, 2023 Direct F2

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
holding HCMC Employee Stock Option 39B Mar 17, 2023 Common Stock 39B $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These transactions reported were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person effective February 22, 2023.
F2 These transactions reported were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person effective February 22, 2023.
F3 These options are all fully vested.
F4 Pursuant to the terms of the option agreement between the holder and the Issuer, the option may not be exercised if the exercise would result in the holder beneficially owning (as determined in accordance with Section 13(d) of the Securities Exchange Act of 1934) in excess of 19.99% of all of the common stock of the Issuer outstanding at such time.