John Ollet - 20 Apr 2023 Form 4 Insider Report for Healthier Choices Management Corp. (HCMC)

Signature
/s/ John Ollet
Issuer symbol
HCMC
Transactions as of
20 Apr 2023
Net transactions value
-$4,500
Form type
4
Filing time
21 Apr 2023, 16:57:35 UTC
Previous filing
21 Apr 2023
Next filing
28 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HCMC Common Stock Disposed to Issuer $4,500 -45,000,000 -2.2% $0.000100* 2,006,700,000 20 Apr 2023 Direct F1

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
holding HCMC Employee Stock Option 1,000,000 20 Apr 2023 Common Stock 1,000,000 $0.000100 Direct F2
holding HCMC Employee Stock Option 4,000,000 20 Apr 2023 Common Stock 4,000,000 $0.000100 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These transactions reported were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person effective February 22, 2023.
F2 These options are all fully vested.