Pawel Hardej, an insider of Indoor Harvest Corp, has just filed an initial statement of beneficial ownership where 166,560 shares of Indoor Harvest Corp were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Hardej. Hardej operates out of Austin, 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 at 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: August 9, 2016 - 20,820; November 10, 2016 - 20,820; February 11, 2017 - 20,820; May 12, 2017 - 20,820; August 13, 2017 - 20,820; November 14, 2017; February 14, 2018 - 20,820; May 9, 2018 - 20,820 - 20,820 Total 166,560. As of the date of filing of this Form 3, 20,820 shares have vested. The filing of this Form 3 covers all issuances not yet fully vested assuming all vesting requirements will be met. In the event full vesting does not occur for any of these shares, a Form 4 will be filed reflecting ownership change as a result of not vesting.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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