Michael Zercher - 21 Mar 2022 Form 4/A - Amendment Insider Report for 22nd Century Group, Inc. (XXII)

Role
President and COO
Signature
/s/ John J. Wolfel, Attorney-in-Fact for Michael Zercher
Issuer symbol
XXII
Transactions as of
21 Mar 2022
Net transactions value
$0
Form type
4/A - Amendment
Filing time
23 Mar 2022, 17:53:10 UTC
Date Of Original Report
23 Mar 2022
Previous filing
16 Dec 2021
Next filing
02 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XXII Common Stock Award $0 +210,742 +20% $0.000000 1,275,727 21 Mar 2022 Direct F1, F2

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 XXII Stock option (right to buy) 85,000 21 Mar 2022 Common Stock 85,000 $3.20 Direct F3
holding XXII Stock option (right to buy) 250,000 21 Mar 2022 Common Stock 250,000 $1.07 Direct
holding XXII Stock option (right to buy) 300,000 21 Mar 2022 Common Stock 300,000 $1.07 Direct
holding XXII Stock option (right to buy) 100,000 21 Mar 2022 Common Stock 100,000 $1.07 Direct
holding XXII Stock option (right to buy) 68,000 21 Mar 2022 Common Stock 68,000 $1.39 Direct
holding XXII Stock option (right to buy) 77,875 21 Mar 2022 Common Stock 77,875 $2.76 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units vest 1/3 per year on March 21, 2023, 2024 and 2025, subject to continued service with the Company.
F2 This amendment is filed solely to correct the prior Form 4 to show that the restricted stock units were acquired by the reporting person.
F3 Options vest 1/3 per year on the anniversary of the date of grant, subject to continued service with the Company.