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

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Richard Palmer
Issuer symbol
GCEHQ
Transactions as of
12 Oct 2023
Net transactions value
$0
Form type
4
Filing time
19 Oct 2023, 09:42:27 UTC
Previous filing
27 Jul 2023
Next filing
03 Jan 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 -11,000,000 -100% 0 12 Oct 2023 Common Stock 11,000,000 $0.1540 Direct F1
transaction GCEH Stock Option (right to buy) Award +11,000,000 11,000,000 12 Oct 2023 Common Stock 11,000,000 $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 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.