Christopher Santi - May 31, 2023 Form 4 Insider Report for Healthier Choices Management Corp. (HCMC)

Role
President and COO
Signature
/s/ Christopher Santi
Stock symbol
HCMC
Transactions as of
May 31, 2023
Transactions value $
-$242
Form type
4
Date filed
6/2/2023, 06:52 AM
Previous filing
May 23, 2023
Next filing
Jun 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCMC Common Stock Disposed to Issuer -$242 -2.42M -0.04% $0.00* 5.64B May 31, 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 17B May 31, 2023 Common Stock 17B $0.00 Direct F2, 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 options are all fully vested.
F3 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.
F4 Does not include vested options exercisable only for a fraction of a share of common stock.