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22nd Century Group, Inc. — Director's Dealing 2021
Dec 16, 2021
35363_dirs_2021-12-16_d5173b9d-a677-4b8c-b49d-aaf08bee42c6.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: 22nd Century Group, Inc. (XXII)
CIK: 0001347858
Period of Report: 2021-12-14
Reporting Person: ZERCHER MICHAEL (President and COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-14 | Common Stock | S | 23147 | $2.1617 | Disposed | 1064985 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock option (right to buy) | $3.2 | 2031-03-19 | Common Stock (85000) | 85000 | Direct |
| Stock option (right to buy) | $1.07 | 2026-08-24 | Common Stock (250000) | 250000 | Direct |
| Stock option (right to buy) | $1.07 | 2026-08-24 | Common Stock (300000) | 300000 | Direct |
| Stock option (right to buy) | $1.07 | 2026-08-24 | Common Stock (100000) | 100000 | Direct |
| Stock option (right to buy) | $1.39 | 2027-05-24 | Common Stock (68000) | 68000 | Direct |
| Stock option (right to buy) | $2.76 | 2028-03-06 | Common Stock (77875) | 77875 | Direct |
Footnotes
F1: Represents shares sold to satisfy taxes resulting from the vesting of restricted stock units.
F2: The price reported in Column 4 is a weighted average price. The prices actually received ranged from $2.15 to $2.185. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
F3: Options vest 1/3 per year on the anniversary of the date of grant, subject to continued service with the Company.