Peter J. Ghiloni - 11 Mar 2022 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
19 Apr 2022, 16:39:30 UTC
Prior SEC filing
05 Oct 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Peter Ghiloni

Key filing fact

Peter J. Ghiloni filed Form 4 for cbdMD, Inc. (YCBD) on 19 Apr 2022.

Key facts

  • This page summarizes Peter J. Ghiloni's Form 4 filing for cbdMD, Inc. (YCBD).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 19 Apr 2022, 16:39.

Change

  • Previous filing in this sequence was filed on 05 Oct 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

Award

Transaction value
$0
Shares
+5,000
Change %
+1.6%
Price
$0.000000
Shares after
310,000
Date
11 Mar 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

YCBD transaction Derivative

Stock Options (Right to Buy)

Award

Transaction value
Shares
+30,000
Change %
Price
Shares after
30,000
Date
11 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
30,000
Exercise price
$0.8180
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The grant was exempt from Section 16(b) under the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder as it was approved in advance by the Issuer's Compensation, Corporate Governance and Nominating Committee, which is comprised of four non-employee directors. The restricted stock units vest quarterly in equal increments on June 30, 2022, September 30, 2022, December 31, 2022 and March 31, 2023, subject to continued service as a director of the Issuer on each applicable vesting date. Shares of common stock will be delivered to the Reporting Person upon the vesting of the restricted stock units. The restricted stock units were issued under the 2021 Equity Compensation Plan as compensation to the Reporting Person for his services on the Issuer's Board of Directors for the Board term beginning March 11, 2022.

Footnote F2

The stock options were granted under the 2021 Equity Compensation Plan as compensation to the Reporting Person for his services on the Issuer's Board of Directors for the Board term beginning March 11, 2022. The grant was exempt from Section 16(b) under the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder as it was approved in advance by the Issuer's Compensation, Corporate Governance and Nominating Committee, which is comprised of four non-employee directors. The stock options are fully vested.

Footnote F3

Not applicable.

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