William Yuan - 07 Nov 2016 Form 4 Insider Report for Cure Pharmaceutical Holding Corp. (AVRW)

Role: Former Director
Signature: /s/ William Yuan
Issuer symbol: AVRW
Transactions as of: 07 Nov 2016
Transactions value $: $0
Form type: 4
Filing time: 27 May 2021, 19:42:30 UTC
SEC: View on sec.gov

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

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AVRW	Stock Option	Award	$0	+100,000	$0	100,000	07 Nov 2016	Common Stock	100,000	$0.74	Direct	F1
transaction	AVRW	Stock Option	Award	$0	+100,000	$0	100,000	01 Jan 2019	Common Stock	100,000	$3.4	Direct	F1
transaction	AVRW	Restricted Stock Unit	Award	$0	+61,654	$0	61,654	23 Sep 2020	Common Stock	61,654	$0	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

William Yuan is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	The option becomes exercisable on the basis determined by the equity incentive plan with 6.25% of the option vesting on the first quarter anniversary of vesting start date. For each additional quarter of the participant's service the option will continue to vest until the vested ratio is 100%. This late filing is due to an inadvertent administrative error and not any error of the reporting person.
F2	The reporting person received restricted stock units under the equity incentive plan. Vesting occurs within a one-year term or until the next annual meeting of shareholders. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested. This late filing is due to an inadvertent administrative error and not any error of the reporting person.

Content

The option becomes exercisable on the basis determined by the equity incentive plan with 6.25% of the option vesting on the first quarter anniversary of vesting start date. For each additional quarter of the participant's service the option will continue to vest until the vested ratio is 100%. This late filing is due to an inadvertent administrative error and not any error of the reporting person.

The reporting person received restricted stock units under the equity incentive plan. Vesting occurs within a one-year term or until the next annual meeting of shareholders. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested. This late filing is due to an inadvertent administrative error and not any error of the reporting person.