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

Signature
/s/ John J. Wolfel, Attorney-in-Fact for Michael Zercher
Stock symbol
XXII
Transactions as of
Mar 21, 2022
Transactions value $
$0
Form type
4/A - Amendment
Date filed
3/23/2022, 05:53 PM
Date Of Original Report
Mar 23, 2022
Previous filing
Dec 16, 2021
Next filing
Sep 2, 2022

Transactions Table

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) 85K Mar 21, 2022 Common Stock 85K $3.20 Direct F3
holding XXII Stock option (right to buy) 250K Mar 21, 2022 Common Stock 250K $1.07 Direct
holding XXII Stock option (right to buy) 300K Mar 21, 2022 Common Stock 300K $1.07 Direct
holding XXII Stock option (right to buy) 100K Mar 21, 2022 Common Stock 100K $1.07 Direct
holding XXII Stock option (right to buy) 68K Mar 21, 2022 Common Stock 68K $1.39 Direct
holding XXII Stock option (right to buy) 77.9K Mar 21, 2022 Common Stock 77.9K $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.