Kyle Detwiler - Jan 14, 2022 Form 4 Insider Report for Clever Leaves Holdings Inc. (CLVR)

Role
Chief Executive Officer, Director
Signature
/s/ David M. Kastin, under power of attorney
Stock symbol
CLVR
Transactions as of
Jan 14, 2022
Transactions value $
$0
Form type
4
Date filed
1/18/2022, 03:04 PM
Previous filing
Jan 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLVR Common shares Award $0 +500K +23.23% $0.00 2.65M Jan 14, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted share unit represents the contingent right to receive one common share of the Issuer.
F2 The restricted share units will vest in installments as follows: (i) 50,000 on January 14, 2023; (ii) 150,000 on January 14, 2024; (iii) 150,000 on January 14, 2025; and (iv) 150,000 on January 14, 2026, in each case, subject to the Reporting Person's continuous service with the Issuer through the relevant vesting dates.