Filing Details
- Accession Number:
- 0001493152-18-001212
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-01-29 19:25:02
- Reporting Period:
- 2018-01-25
- Accepted Time:
- 2018-01-29 19:25:02
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1482541 | Surna Inc. | SRNA | Agricultural Services (700) | 273911608 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1663872 | Trent Aaron Doucet | 1780 55Th Street Boulder CO 80301 | No | No | No | Yes |
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, Par Value $0.00001 Per Share | Disposition | 2018-01-25 | 50,000 | $0.43 | 700,000 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.00001 Per Share | Disposition | 2018-01-26 | 399,600 | $0.41 | 300,400 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.00001 Per Share | Disposition | 2018-01-29 | 300,400 | $0.43 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2018-01-02 | 750,000 | $0.00 | 750,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 8,250,000 | No | 5 | M | Direct |
Footnotes
- On August 17, 2017, the Issuer's Board of Directors granted the Reporting Person a total of 9,000,000 restricted stock units, which vest in twelve (12) equal installments (750,000 restricted stock units per installment) commencing on the first business day of January 2018 and continuing on the first business day of each of the next eleven (11) calendar months, provided that the Reporting Person is employed by the Issuer on such vesting date or, if the initial term under the employment agreement between the Issuer and the Reporting Person has expired, the Reporting Person has not materially breached any non-competition, non-solicitation and other post-termination of employment obligations.
- On January 2, 2018, the first installment of 750,000 restricted stock units vested and the Issuer delivered 750,000 shares to the Reporting Person pursuant to the Issuer's S-8 registration under its equity incentive plan. Following the foregoing vesting and issuance, the Reporting Person has 8,250,000 restricted stock units subject to future vesting as specified above.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.40 - $0.42, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.405 - $0.45, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.
Billionaire Hedge Funds
