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USBC, Inc. — Director's Dealing 2023
Feb 15, 2023
33069_dirs_2023-02-15_8ad8bc4a-64fb-4124-8e6a-7630ce5863d6.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KNOW LABS, INC. (KNWN)
CIK: 0001074828
Period of Report: 2023-01-23
Reporting Person: Bosua Phillip (10% Owner, Former CEO and President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-01-23 | Option to Purchase Common Stock | $1.28 | J | 0 | Disposed | 2024-01-23 | Common Stock (1000000) | Direct |
| 2023-01-23 | Option to Purchase Common Stock | $1.10 | J | 1200000 | Disposed | Common Stock (1200000) | Direct | |
| 2023-01-23 | Option to Purchase Common Stock | $1.53 | J | 3959795 | Disposed | 2024-01-23 | Common Stock (3959795) | Direct |
| 2023-01-23 | Option to Purchase Common Stock | $2.09 | J | 975000 | Disposed | 2024-01-23 | Common Stock (975000) | Direct |
| 2023-01-23 | Option to Purchase Common Stock | $1.41 | J | 1250000 | Disposed | Common Stock (1250000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3005000 | Direct |
Footnotes
F1: Pursuant to Separation and Release Agreement dated January 23, 2023, all outstanding Options to Purchase Common Stock have ceased vesting after the Separation Date (01/23/2023) and all vested stock options shall be exercisable for a period of one year after the Separation Date. All unvested options have been cancelled. As a result, the Company and Bosua entered into amended Stock Option Agreements reflecting the aforementioned terms.
F2: All 1,000,000 options are vested; The expiration date has thus been extended from August 1, 2023 to January 23, 2024.
F3: All 1,200,000 options have been cancelled.
F4: 304,600 options under the stock option agreement dated December 15, 2020 have vested and 3,959,795 remaining options have been cancelled. The expiration date has been amended to January 23, 2024.
F5: 325,000 options under the stock option agreement dated December 15, 2021 have vested and 975,000 remaining options have been cancelled. The expiration date has been amended to January 23, 2024.
F6: All 1,250,000 options have been cancelled.