Noah Verleun - 12 Oct 2023 Form 4 Insider Report for Global Clean Energy Holdings, Inc. (GCEHQ)

Role
President
Signature
/s/ Noah Verleun
Issuer symbol
GCEHQ
Transactions as of
12 Oct 2023
Net transactions value
$0
Form type
4
Filing time
19 Oct 2023, 09:41:05 UTC
Previous filing
25 Apr 2023
Next filing
07 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 GCEH Stock Option (right to buy) Disposed to Issuer -5,000,000 -100% 0 12 Oct 2023 Common Stock 5,000,000 $0.2000 Direct F1
transaction GCEH Stock Option (right to buy) Award +5,000,000 5,000,000 12 Oct 2023 Common Stock 5,000,000 $0.9700 Direct F1
transaction GCEH Stock Option (right to buy) Disposed to Issuer -950,000 -100% 0 12 Oct 2023 Common Stock 950,000 $0.1650 Direct F1
transaction GCEH Stock Option (right to buy) Award +950,000 950,000 12 Oct 2023 Common Stock 950,000 $0.9700 Direct F1
transaction GCEH Stock Option (right to buy) Disposed to Issuer -50,000 -100% 0 12 Oct 2023 Common Stock 50,000 $0.1650 Direct F1
transaction GCEH Stock Option (right to buy) Award +50,000 50,000 12 Oct 2023 Common Stock 50,000 $0.9700 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transactions involved an amendment of outstanding options, resulting in the cancellation of the "old" options and the grant of replacement options. The options were originally granted on January 15, 2019 and June 21, 2019, respectfully, and are fully vested. The effectiveness of the amendment of the outstanding options is subject stockholder approval.