Filing Details

Accession Number:
0001385150-16-000012
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-12-16 11:43:38
Reporting Period:
2016-12-12
Filing Date:
2016-12-16
Accepted Time:
2016-12-16 11:43:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1001463 Acacia Diversified Holdings Inc. ACCA Wholesale-Motor Vehicles & Motor Vehicle Parts & Supplies (5010) 752095676
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1664787 K Richard Pertile 13575 58Th Street North - #138
Clearwater FL 33760
Ceo, President, Chairman Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-12-12 1,200,000 $0.50 2,234,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Footnotes
  1. Reporting Person acquired 1,200,000 shares of the Common stock of Issuer in a transaction relating to the exchange of equity shares of Issuer for cancellation of $500,000 in debt and for an additional injection of $100,000 into Issuer for operating capital.
  2. Price was fixed by the board of directors as an incentive for Reporting Person to exchange equity shares for debt and to infuse additional operating capital into the Company.
  3. In conjunction with the acquisition of these shares, Reporting Person became a shareholder of greater than 10% the issued and outstanding shares of Issuer.
  4. In addition to the shares beneficially held by Reporting Person, he also holds: (1) a Proxy to vote 2,500,000 shares of another affiliate of the Company; and, (ii) holds those shares in trust under a Right of First Refusal to acquire them from the other affiliated person at any time between April 4th and May 4th of 2019. This Proxy brings the total sole dispositive voting power of 4,734,000 votes.