Nicholas Kovacevich - 01 Jul 2021 Form 4 Insider Report for Unrivaled Brands, Inc.

Role
Director
Signature
/s/ Nicholas Kovacevich
Issuer symbol
N/A
Transactions as of
01 Jul 2021
Net transactions value
$0
Form type
4
Filing time
13 Jul 2021, 20:05:59 UTC
Next filing
01 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UNRV Common Stock Award +955,459 955,459 01 Jul 2021 By Trust F1
transaction UNRV Common Stock Award +19,260,742 19,260,742 01 Jul 2021 By Alpha West Holdings, Inc. F1, F3

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 UNRV Warrant (Right to Buy) Award +480,806 480,806 01 Jul 2021 Common Stock 480,806 $0.0100 By Trust F2
transaction UNRV Warrant (Right to Buy) Award +2,555,094 2,555,094 01 Jul 2021 Common Stock 2,555,094 $0.0100 By Trust F2
transaction UNRV Warrant (Right to Buy) Award +480,806 480,806 01 Jul 2021 Common Stock 480,806 $0.1900 By Trust F2
transaction UNRV Warrant (Right to Buy) Award +576,968 576,968 01 Jul 2021 Common Stock 576,968 $0.0100 By Trust F2
transaction UNRV Warrant (Right to Buy) Award +576,968 576,968 01 Jul 2021 Common Stock 576,968 $0.1900 By Trust F2
transaction UNRV Warrant (Right to Buy) Award +980,845 980,845 01 Jul 2021 Common Stock 980,845 $0.0100 By Alpha West Holdings, Inc. F2, F3
transaction UNRV Warrant (Right to Buy) Award +807,527 807,527 01 Jul 2021 Common Stock 807,527 $0.0100 By Alpha West Holdings, Inc. F2, F3
transaction UNRV Warrant (Right to Buy) Award +980,845 980,845 01 Jul 2021 Common Stock 980,845 $0.1900 By Alpha West Holdings, Inc. F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's common stock acquired by the Reporting Person in connection with the Issuer's acquisition of UMBRLA Inc., a Nevada corporation ("UMBRLA"), pursuant to an Agreement and Plan of Merger, dated as of March 2, 2021, pursuant to which a wholly owned subsidiary of the Issuer merged with and into UMBRLA (the "Merger"), with UMBRLA surviving the Merger as a wholly-owned subsidiary of the Issuer. At the effective time of the Merger, each share of UMBRLA common stock outstanding was converted into the right to receive 1.5386 shares of the Issuer's common stock (the "Exchange Ratio").
F2 Represents UMBRLA warrants held by the Reporting Person that were assumed by the Issuer in the Merger and converted into warrants exercisable for shares of the Issuer's common stock, as calculated based on the Exchange Ratio. The exercise price was adjusted to reflect the Exchange Ratio.
F3 Represents securities held by Alpha West Holdings, Inc., of which the Reporting Person is a stockholder. The Reporting Person disclaims beneficial ownership of these securities except to the extent of the Reporting Person's pecuniary interest therein.