John J. Wiesehan III - 28 Sep 2021 Form 4 Insider Report for cbdMD, Inc. (YCBD)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
29 Sep 2021, 18:01:14 UTC
Prior SEC filing
20 Aug 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ John J. Wiesehan III

Key filing fact

John J. Wiesehan III filed Form 4 for cbdMD, Inc. (YCBD) on 29 Sep 2021.

Key facts

  • This page summarizes John J. Wiesehan III's Form 4 filing for cbdMD, Inc. (YCBD).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 29 Sep 2021, 18:01.

Change

  • Previous filing in this sequence was filed on 20 Aug 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.

YCBD transaction

Common Stock

Other

Transaction value
Shares
-161,550
Change %
-100%
Price
Shares after
0
Date
28 Sep 2021
Ownership
By Twenty Two Capital LLC
Footnotes
F1, F2
YCBD transaction

Common Stock

Other

Transaction value
Shares
+150,450
Change %
+579%
Price
Shares after
176,450
Date
28 Sep 2021
Ownership
Direct
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The common stock was issued as partial consideration pursuant to that certain Asset Purchase Agreement dated July 22, 2021, by and among Twenty Two Capital, LLC ("Twenty Two"), the Issuer, the Reporting Person, and the other parties named therein, with 300,000 shares of common stock issued at closing of the Asset Purchase Agreement. On September 28, 2021, Twenty Two transferred a limited number of shares and distributed the remaining shares to its members on a pro rata basis. Represents the distribution of the shares by Twenty Two and the acquisition of the pro rata number of shares distributed to the Reporting Person, a member of Twenty Two as approved by the Issuer's board of directors and exempt under Section 16b-3.

Footnote F2

Represents the Reporting Person's pecuniary interest in the 300,000 shares of the Issuer acquired by Twenty Two pursuant to the APA. The Reporting Person is the holder of a 53.85% membership interest in Twenty Two and a manager of Twenty Two.

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