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XXII 22nd Century Group Inc

4.03
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
22nd Century Group Inc AMEX:XXII AMEX Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.03 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

16/03/2020 8:49pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

ZERCHER MICHAEL
2. Issuer Name and Ticker or Trading Symbol

22nd Century Group, Inc. [ XXII ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
President and COO
(Last)          (First)          (Middle)

8560 MAIN ST., SUITE 4
3. Date of Earliest Transaction (MM/DD/YYYY)

3/16/2020
(Street)

WILLIAMSVILLE, NY 14221
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 3/16/2020  A  665821 (1)A$0 872536 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock option (right to buy) $1.07           8/24/2019 8/24/2026 Common Stock 250000  250000 D  
Stock option (right to buy) $1.07           9/9/2019 8/24/2026 Common Stock 300000  300000 D  
Stock option (right to buy) $1.07           9/9/2019 8/24/2026 Common Stock 100000  100000 D  
Stock option (right to buy) $1.39            (2)5/24/2027 Common Stock 68000  68000 D  
Stock option (right to buy) $2.76            (3)3/6/2028 Common Stock 77875  77875 D  

Explanation of Responses:
(1) Restricted stock units which vest one-third on March 16, 2021, one-third on March 16, 2022 and one-third on March 16, 2023, subject to continued service by the Reporting Person with the Company.
(2) 45,333 stock options are currently exercisable, with the remainder exercisable on April 1, 2020.
(3) 25,959 stock options are currently exercisable, with 25,958 stock options exercisable on March 6, 2020 and March 6, 2021.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
ZERCHER MICHAEL
8560 MAIN ST., SUITE 4
WILLIAMSVILLE, NY 14221


President and COO

Signatures
/s/ John J. Wolfel, Attorney-in-Fact for Michael Zercher3/16/2020
**Signature of Reporting PersonDate

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