John Alexander Zimmerman, Indoor Harvest Corp's Vice President and a director of the company, recently acquired 204,100 shares of the company. The buys took place at prices ranging from $0.00 to $0.66 per share, on April 14, 2016. Zimmerman now owns 266,560 shares of the company. Zimmerman operates out of Dallas, TX. Some additional info was provided as follows:
If the Director is a Director both at the Date of Award and Date of Vesting, the shares for each award in the Table below shall be fully vested, a certificate representing the shares shall be issued and shall be non-forfeitable. If the Director is not a Director at the Date of Award, the shares for each award in the Table above at that date and thereafter shall not be awarded. If the Director is a Director a
t the Date of Award and not at the Date of Vesting, the shares for each such award in the Table above shall be forfeited, no shares shall be issued thereafter and a certificate representing the shares shall not be issued. Shares to be vested per the following schedule:
Number of Shares and Date of Vesting: April 18, 2016 - 20,820; July 19, 2016 - 20,820; October 20, 2016 - 20,820; January 21, 2017 - 20,820; April 22, 2017 - 20,820; Total 104,100
Market price day of issue for services as Director
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following:
Statement of acquisition of beneficial ownership by individuals - June 18, 2018
Entry Into a Material Definitive - June 15, 2018
General form for registration of securities under the Securities Act of 1933 - May 31, 2018