CEA Industries Inc. — Director's Dealing 2020

Jan 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Surna Inc. (SRNA)
CIK: 0001482541
Period of Report: 2020-01-02

Reporting Person: Simonton Taylor J. (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-02	Option to purchase common stock	$0.07	A	2000000	Acquired	2030-01-02	Common Stock (2000000)	Direct
2020-01-02	Option to purchase common stock (2	$0.07	A	250000	Acquired	2030-01-02	Common Stock (250000)	Direct

Footnotes

F1: On January 2, 2020, the Issuer's board of directors approved the grant of non-qualified stock options to purchase 2,000,000 shares of common stock at an exercise price of $0.07, the closing price of Issuer's common stock on December 31, 2019, which vested and became exercisable in full immediately upon grant. These options were granted as a 2019 equity award under the Issuer's compensation plan for independent directors. The grant of these options and the issuance of shares of common stock upon exercise thereof are transactions exempt from Section 16(b) of the Exchange Act.

F2: On January 2, 2020, the Issuer's board of directors approved the grant of non-qualified stock options to purchase 250,000 shares of common stock at an exercise price of $0.07, the closing price of Issuer's common stock on December 31, 2019, which vested and became exercisable in full immediately upon grant. These options were granted as a 2020 equity award under the Issuer's compensation plan for independent directors. The grant of these options and the issuance of shares of common stock upon exercise thereof are transactions exempt from Section 16(b) of the Exchange Act.