Nicholas Kovacevich - 31 Aug 2021 Form 4 Insider Report for KushCo Holdings, Inc.

Reporting relationship: Chairman and CEO, Director
Issuer ticker: N/A
Reported as of: 31 Aug 2021
Net transaction value: $0
SEC form: 4
Accepted by SEC: 01 Sep 2021, 17:27:35 UTC
Prior SEC filing: 13 Jul 2021
Next SEC filing: 09 Sep 2021
Source filing: View source filing
Reporting owner signature: /s/ Stephen Christoffersen, as attorney-in-fact

Key filing fact

Nicholas Kovacevich filed Form 4 for KushCo Holdings, Inc. on 01 Sep 2021.

Key facts

This page summarizes Nicholas Kovacevich's Form 4 filing for KushCo Holdings, Inc..
9 reported transactions and 7 derivative rows are listed below.
Accepted by SEC: 01 Sep 2021, 17:27.

Change

Previous filing in this sequence was filed on 13 Jul 2021.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KSHB transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -5,282,533
Change %: -100%
Price
Shares after: 0
Date: 31 Aug 2021
Ownership: Direct
Footnotes: F1

KSHB transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -4,000,000
Change %: -100%
Price
Shares after: 0
Date: 31 Aug 2021
Ownership: by TRUST
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KSHB transaction Derivative

Option to Purchase

Disposed to Issuer

Transaction value
Shares: -83,333
Change %: -100%
Price
Shares after: 0
Date: 31 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 83,333
Exercise price: $1.33
Footnotes: F4

KSHB transaction Derivative

Option to Purchase

Disposed to Issuer

Transaction value
Shares: -500,000
Change %: -100%
Price
Shares after: 0
Date: 31 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 500,000
Exercise price: $0.6300
Footnotes: F5

KSHB transaction Derivative

Option to Purchase

Disposed to Issuer

Transaction value
Shares: -30,000
Change %: -100%
Price
Shares after: 0
Date: 31 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 30,000
Exercise price: $0.6300
Footnotes: F6

KSHB transaction Derivative

Option to Purchase

Disposed to Issuer

Transaction value
Shares: -75,000
Change %: -100%
Price
Shares after: 0
Date: 31 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 75,000
Exercise price: $0.6300
Footnotes: F7

KSHB transaction Derivative

Option to Purchase

Disposed to Issuer

Transaction value
Shares: -265,000
Change %: -100%
Price
Shares after: 0
Date: 31 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 265,000
Exercise price: $0.6300
Footnotes: F8

KSHB transaction Derivative

Option to Purchase

Disposed to Issuer

Transaction value
Shares: -100,000
Change %: -100%
Price
Shares after: 0
Date: 31 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 100,000
Exercise price: $0.5800
Footnotes: F9

KSHB transaction Derivative

Option to Purchase

Disposed to Issuer

Transaction value
Shares: -97,761
Change %: -100%
Price
Shares after: 0
Date: 31 Aug 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 97,761
Exercise price: $0.7900
Footnotes: F10

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Nicholas Kovacevich is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 10 footnotes

Footnote F1

Disposed of pursuant to merger agreement between issuer and Greenlane Holdings, Inc. in exchange for 1,593,211 shares of Greenlane Holdings, Inc. common stock having a market value of $2.61 per share on the effective date of the merger. This number includes 100,582 restricted stock units that accelerated and vested in full prior to the merger.

Footnote F2

Disposed of pursuant to merger agreement between issuer and Greenlane Holdings, Inc. in exchange for 1,206,400 shares of Greenlane Holdings, Inc. common stock having a market value of $2.61 per share on the effective date of the merger.

Footnote F3

These shares were held in trusts for the benefit of the Reporting Person and the Reporting Person's spouse. The Reporting Person had investment control over the shares held by such trusts.

Footnote F4

This option, which was fully vested, was assumed by Greenlane Holdings, Inc. in the merger and replaced with an option to purchase 25,133 shares of Greenlane Holdings, Inc. common stock for $4.41 per share.

Footnote F5

This option, which was fully vested, was assumed by Greenlane Holdings, Inc. in the merger and replaced with an option to purchase 150,800 shares of Greenlane Holdings, Inc. common stock for $2.09 per share.

Footnote F6

This option, which vested in full in connection with the merger, was assumed by Greenlane Holdings, Inc. in the merger and replaced with an option to purchase 9,048 shares of Greenlane Holdings, Inc. common stock for $2.09 per share.

Footnote F7

This option, which vested in full in connection with the merger, was assumed by Greenlane Holdings, Inc. in the merger and replaced with an option to purchase 22,620 shares of Greenlane Holdings, Inc. common stock for $2.09 per share.

Footnote F8

This option, which vested in full in connection with the merger, was assumed by Greenlane Holdings, Inc. in the merger and replaced with an option to purchase 79,924 shares of Greenlane Holdings, Inc. common stock for $2.09 per share.

Footnote F9

This option, which was fully vested, was assumed by Greenlane Holdings, Inc. in the merger and replaced with an option to purchase 30,160 shares of Greenlane Holdings, Inc. common stock for $1.93 per share.

Footnote F10

This option, which was fully vested, was assumed by Greenlane Holdings, Inc. in the merger and replaced with an option to purchase 29,484 shares of Greenlane Holdings, Inc. common stock for $2.62 per share.