22nd Century Group, Inc. — Director's Dealing 2021

Mar 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: 22nd Century Group, Inc. (XXII)
CIK: 0001347858
Period of Report: 2021-03-19

Reporting Person: ZERCHER MICHAEL (President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-19	Restricted Stock Units	A	450000	—	Acquired	1303953	Direct
2021-03-23	Restricted Stock Units	D	215821	—	Disposed	1088132	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-19	Stock option (right to buy)	$3.20	A	85000	Acquired	2031-03-19	Common Stock (85000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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: The restricted stock units vest 1/3 per year on March 19, 2022, 2023 and 2024, subject to continued service with the Company.

F2: Forfeiture of restricted stock units to the issuer for no value.

F3: Options vest 1/3 per year on the anniversary of the date of grant, subject to continued service with the Company.