Darsh Dahya - Apr 18, 2022 Form 4 Insider Report for Greenlane Holdings, Inc. (GNLN)

Signature
/s/ Douglas Fischer, as attorney-in-fact for Darshan Dahya
Stock symbol
GNLN
Transactions as of
Apr 18, 2022
Transactions value $
$0
Form type
4
Date filed
4/20/2022, 04:06 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNLN Class A Common Stock Award $0 +287K $0.00 287K Apr 18, 2022 Direct F1
transaction GNLN Class A Common Stock Award $0 +59.8K +20.83% $0.00 347K Apr 18, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GNLN stock option (right to buy) Award $0 +350K $0.00 350K Apr 18, 2022 Class A Common Stock 350K $0.42 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received a grant of restricted shares of Class A Common Stock and Stock Options on April 18, 2022 under the Issuer's Amended and Restated 2019 Equity Incentive Plan. The shares of Class A Common Stock and Stock Options beneficially owned by the Reporting Person will vest ratably on each of the first three anniversaries of the date of the grant, such that on April 18, 2025, the Reporting Person's shares of Class A Common Stock and Stock Options shall be 100% vested.
F2 The Reporting Person received a grant of restricted shares of Class A Common Stock on April 18, 2022 under the Issuer's Amended and Restated 2019 Equity Incentive Plan. The shares of Class A Common Stock and Stock Options beneficially owned by the Reporting Person will vest ratably on each of the three-, six-, nine- and twelve-month anniversaries of the date of the grant, such that on April 18, 2023, the Reporting Person's shares of Class A Common Stock shall be 100% vested.