William McCorkle - 21 Oct 2022 Form 4 Insider Report for CV Sciences, Inc. (CVSI)

Role
Director
Signature
/s/ Joerg Grasser as attorney-in-fact for William McCorkle
Issuer symbol
CVSI
Transactions as of
21 Oct 2022
Net transactions value
$0
Form type
4
Filing time
07 Nov 2022, 17:27:57 UTC
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 $0 +500,000 $0.000000 500,000 21 Oct 2022 Common Stock 500,000 $0.0400 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 percent (50%) of the option shares vest and become exercisable on each of October 21, 2023 and October 21, 2024, provided, that there has not been a termination of service as of such date. In no event will the option become exercisable for any additional option shares after a termination of service.