John Ollet - 16 Sep 2024 Form 3 Insider Report for HEALTHY CHOICE WELLNESS CORP. (HCWC)

Role
Chief Financial Officer, Director
Signature
/s/ Martin Schrier, as Attorney-in-Fact for John Ollet
Issuer symbol
HCWC
Transactions as of
16 Sep 2024
Transactions value $
$0
Form type
3
Filing time
18 Sep 2024, 07:35:04 UTC
Previous filing
28 Apr 2023
Next filing
18 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HCWC Class A Common Stock 94,544 16 Sep 2024 Direct F1, F2
holding HCWC Class B Common Stock 283,632 16 Sep 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported herein are the result of the consummation on September 16, 2024 of the distribution of all of the Class A and Class B common stock of Healthy Choice Wellness Corp. by Healthier Choices Management Corp. ("HCMC") to holders of HCMC common stock on a pro rata basis (the "Spin-Off').
F2 Includes 43,138 shares of Class A common stock and 129,414 shares of Class B common stock received in the Spin-Off subject to a time-based restricted stock vesting. This restricted common stock shall vest in 25% increments on the last day of each of the next four calendar quarters commencing December 31, 2024, provided the Reporting Person has provided continuous service to the Issuer through the applicable vesting date.

Remarks:

See Power of Attorney attached hereto as Exhibit 24.1.