PAUL BLAKE - 02 Jun 2021 Form 4 Insider Report for CV Sciences, Inc. (CVSI)

Role
Director
Signature
/s/ Joerg Grasser as Attorney-in-fact for Paul Blake
Issuer symbol
CVSI
Transactions as of
02 Jun 2021
Net transactions value
$0
Form type
4
Filing time
03 Jun 2021, 17:03:29 UTC
SEC
View on sec.gov

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 CVSI Stock Option (right to buy) Award $0 +275,000 $0.000000 275,000 02 Jun 2021 Common Stock 275,000 $0.3900 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option is durational-based. All 275,000 option shares vest and become exercisable on April 15, 2022, provided, that there has not been a termination of service as of such date. In no event will any unvested portion of the option vest or become exercisable for any additional option shares after a termination of service.