Bradley John Nattrass - 09 Jun 2023 Form 4 Insider Report for urban-gro, Inc. (UGRO)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Bradley Nattrass
Issuer symbol
UGRO
Transactions as of
09 Jun 2023
Net transactions value
+$91,699
Form type
4
Filing time
12 Jun 2023, 17:55:28 UTC
Previous filing
15 May 2023
Next filing
21 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UGRO Common Stock Purchase $35,449 +28,416 +1.5% $1.25 1,900,000 09 Jun 2023 Direct F1
transaction UGRO Restricted Common Stock Award ("RSA") (subject to vesting) Award $56,250 +49,779 +2.7% $1.13 1,871,584 09 Jun 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 CEO purchased the shares in the open market at an average purchase price of $1.2475.
F2 At CEO?s request, the Board of Directors has approved the payment of 50% of salary in the form of urban-gro, Inc. restricted stock for the next three months. The restricted stock will vest 100% on September 12, 2023.
F3 The conversion was based on the Thursday, June 8, 2023 closing price.