William E. Mote Jr - Aug 10, 2020 Form 4 Insider Report for Greenlane Holdings, Inc. (GNLN)

Signature
/s/ Douglas Fischer, as attorney-in-fact for William E. Mote, Jr.
Stock symbol
GNLN
Transactions as of
Aug 10, 2020
Transactions value $
-$13,423
Form type
4
Date filed
6/9/2021, 05:16 PM
Next filing
Jun 25, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNLN Class A Common Stock Options Exercise $71.9K +21.7K +77.44% $3.32 49.6K Jun 7, 2021 Direct
transaction GNLN Class A Common Stock Sale -$85.3K -21.7K -43.64% $3.94 28K Jun 7, 2021 Direct

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 GNLN Stock Option (right to buy) Award $0 +86.6K $0.00 86.6K Aug 10, 2020 Class A Common Stock 86.6K $3.32 Direct F1
transaction GNLN Stock Option (right to buy) Options Exercise $0 -21.7K -25% $0.00 64.9K Jun 7, 2021 Class A Common Stock 21.7K $3.32 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received a grant of Class A Common Stock and Stock Options on August 10, 2020 under the Issuer's 2019 Equity Incentive Plan. The shares of Class A Common Stock and Stock Options beneficially owned by the Reporting Person vested 1/4 as of the grant date and will vest ratably on each of the first three anniversaries of the date of the grant, such that on August 10, 2024, the Reporting Person's shares of Class A Common Stock and Stock Options shall be 100% vested.