James Michael Corroon Jr. - 12 Aug 2022 Form 4 Insider Report for CV Sciences, Inc. (CVSI)

Role: Director
Signature: /s/ Joerg Grasser as attorney-in-fact for James Michael Corroon, Jr.
Issuer symbol: CVSI
Transactions as of: 12 Aug 2022
Net transactions value: +$16,250
Form type: 4
Filing time: 15 Aug 2022, 16:58:05 UTC
Previous filing: 29 Jul 2022
Next filing: 24 Jun 2024
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	Employee Stock Option (right to buy)	Award	$16,250	+500,000		$0.0325	500,000	12 Aug 2022	Common Stock	500,000	$0.0325	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. Fifty (50%) of the option shares vest and become exercisable on August 12, 2023 and August 12, 2024, 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.