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CANN TREES Corporation (QB)

0.1214
0.01705 (16.34%)
06 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
TREES Corporation (QB) USOTC:CANN OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.01705 16.34% 0.1214 0.095 0.14 0.1214 0.10 0.104 180,448 21:23:50

Initial Statement of Beneficial Ownership (3)

08/09/2015 9:10pm

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
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 *

Boockvar Peter

2. Date of Event Requiring Statement (MM/DD/YYYY)
7/14/2015 

3. Issuer Name and Ticker or Trading Symbol

GENERAL CANNABIS CORP [CANN]

(Last)        (First)        (Middle)

6565 EAST EVANS AVENUE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                            _____ 10% Owner
_____ Officer (give title below)          _____ Other (specify below)

(Street)

DENVER, CO 80224       

(City)              (State)              (Zip)
5. 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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option     (1) 7/14/2025   Common Stock   150000   $2.15   D    
Option   8/31/2016   (2) 8/31/2025   Common Stock   100000   $1.03   D    

Explanation of Responses:
( 1)  On July 14, 2015, the Company and the Reporting Person entered into a Nonstatutory Stock Option Agreement (the "Agreement") pursuant to which the Reporting Person's option to purchase 150,000 shares of the Company shall vest in three equal installments as follows: options to purchase 50,000 shares vested on July 14, 2015, options to purchase 50,000 Shares shall vest on July 14, 2016 and options to purchase 50,000 Shares shall vest on July 14, 2017, provided that the Reporting Person continues to serve as a member of the Board as of those dates.
( 2)  The 100,000 options granted on August 31, 2015 vest over a one year period.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Boockvar Peter
6565 EAST EVANS AVENUE
DENVER, CO 80224
X



Signatures
/s/ Peter Boockvar 9/8/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

1 Year TREES (QB) Chart

1 Year TREES (QB) Chart

1 Month TREES (QB) Chart

1 Month TREES (QB) Chart

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