John Gould - 06 May 2021 Form 3 Insider Report for nDivision Inc.

Role
Director
Signature
John Gould
Issuer symbol
N/A
Transactions as of
06 May 2021
Net transactions value
$0
Form type
3
Filing time
22 Jun 2021, 13:27:41 UTC

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
holding NDVN Common Stock Options 06 May 2021 Common Stock 300,000 $0.7800 Direct F1, F2
holding NDVN Convertible Promissory Note 06 May 2021 Common Stock 250,000 $0.4000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The common stock options were granted to the reporting person pursuant to the nDivision Inc. 2018 Equity Incentive Plan.
F2 The common stock options vest as 1/36th monthly.
F3 The convertible promissory note is convertible at a price of $0.40 per share. The total number of shares underlying the note is currently unable to determine due to accruing interest.