Seth Aaron Smith - 02 Aug 2024 Form 3 Insider Report for YERBAE BRANDS CORP. (YERBF)

Signature
/s/ Seth Aaron Smith
Issuer symbol
YERBF
Transactions as of
02 Aug 2024
Net transactions value
$0
Form type
3
Filing time
11 Mar 2025, 17:45:27 UTC
Next filing
11 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding YERBF Common 268,191 02 Aug 2024 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
holding YERBF Performance Share Units 02 Aug 2024 Common 116,666 Direct F1
holding YERBF Performance Share Units 02 Aug 2024 Common 133,000 Direct F1
holding YERBF Options 02 Aug 2024 Common 159,496 $0.6270 Direct F2
holding YERBF Options 02 Aug 2024 Common 79,748 $0.6270 Direct F2
holding YERBF Options 02 Aug 2024 Common 217,391 $1.16 Direct F3
holding YERBF Options 02 Aug 2024 Common 218,750 $0.9600 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All PSUs vest contingent upon and at the time the Company reaches US$18,500,000 in net sale and raises at least US$10,000,000 in funds to support working capital needs and at least 12 months have elapsed from the date of grant.
F2 The Options vest on the date of grant.
F3 All Options vest as to: (i) 25% 15 months following the date of grant; (ii) 25% 18 months following the date of grant, (iii) 25% 21 months following the date of grant; and (iv) 25% 24 months following the date of grant.