Richard Palmer - Oct 12, 2023 Form 4 Insider Report for Global Clean Energy Holdings, Inc. (GCEH)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Richard Palmer
Stock symbol
GCEH
Transactions as of
Oct 12, 2023
Transactions value $
$0
Form type
4
Date filed
10/19/2023, 09:42 AM
Previous filing
Jul 27, 2023
Next filing
Jan 3, 2024

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 -11M -100% 0 Oct 12, 2023 Common Stock 11M $0.15 Direct F1
transaction GCEH Stock Option (right to buy) Award +11M 11M Oct 12, 2023 Common Stock 11M $0.97 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The two reported transactions involved an amendment of an outstanding option, resulting in the cancellation of the "old" option and the grant of a replacement option. The option was originally granted on October 15, 2018 and is fully vested. The effectiveness of the amendment of the outstanding option is subject stockholder approval.