John Ollet - 03 Apr 2023 Form 4 Insider Report for Healthier Choices Management Corp. (HCMC)

Signature
/s/ John Ollet
Issuer symbol
HCMC
Transactions as of
03 Apr 2023
Net transactions value
-$1,200
Form type
4
Filing time
04 Apr 2023, 17:00:52 UTC
Previous filing
29 Jun 2021
Next filing
06 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCMC Common Stock Disposed to Issuer $1,200 -12,000,000 -0.49% $0.000100* 2,417,000,000 31 Mar 2023 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
holding HCMC Employee Stock Option 1,000,000 03 Apr 2023 Common Stock 1,000,000 $0.000100 Direct F2
holding HCMC Employee Stock Option 4,000,000 03 Apr 2023 Common Stock 4,000,000 $0.000100 Direct F2
* 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 options are all fully vested.