Nicholas Kovacevich - 10 Mar 2022 Form 4 Insider Report for Greenlane Holdings, Inc. (GNLN)

Signature
/s/ Douglas Fischer, as attorney-in-fact for Nicholas Kovacevich
Issuer symbol
GNLN
Transactions as of
10 Mar 2022
Net transactions value
$0
Form type
4
Filing time
10 Mar 2022, 17:52:40 UTC
Previous filing
16 Sep 2021
Next filing
04 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNLN Class A Common Stock Award $0 +479,520 +37% $0.000000 1,772,731 10 Mar 2022 Direct F1
holding GNLN Class A Common Stock 699,712 10 Mar 2022 By Trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GNLN Stock Option (right to buy) Award $0 +590,168 $0.000000 590,168 10 Mar 2022 Class A Common Stock 590,168 $0.5005 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received a grant of restricted shares of Class A Common Stock and Stock Options on March 10, 2022 under the Issuer's Amended and Restated 2019 Equity Incentive Plan. The shares of Class A Common Stock and Stock Options beneficially owned by the Reporting Person will vest ratably on each of the first three anniversaries of the date of the grant, such that on March 10, 2025, the Reporting Person's shares of Class A Common Stock and Stock Options shall be 100% vested.
F2 These shares are held in trusts for the benefit of the Reporting Person and the Reporting Person's Spouse.