Michael Zercher - Mar 21, 2022 Form 4/A - Amendment Insider Report for 22nd Century Group, Inc. (XXII)

Role
President and COO
Signature
/s/ John J. Wolfel, Attorney-in-Fact for Michael Zercher
Stock symbol
XXII
Transactions as of
Mar 21, 2022
Transactions value $
$0
Form type
4/A - Amendment
Date filed
3/23/2022, 05:53 PM
Date Of Original Report
Mar 23, 2022
Previous filing
Dec 16, 2021
Next filing
Sep 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XXII Common Stock Award $0 +211K +19.79% $0.00 1.28M Mar 21, 2022 Direct F1, 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
holding XXII Stock option (right to buy) 85K Mar 21, 2022 Common Stock 85K $3.20 Direct F3
holding XXII Stock option (right to buy) 250K Mar 21, 2022 Common Stock 250K $1.07 Direct
holding XXII Stock option (right to buy) 300K Mar 21, 2022 Common Stock 300K $1.07 Direct
holding XXII Stock option (right to buy) 100K Mar 21, 2022 Common Stock 100K $1.07 Direct
holding XXII Stock option (right to buy) 68K Mar 21, 2022 Common Stock 68K $1.39 Direct
holding XXII Stock option (right to buy) 77.9K Mar 21, 2022 Common Stock 77.9K $2.76 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units vest 1/3 per year on March 21, 2023, 2024 and 2025, subject to continued service with the Company.
F2 This amendment is filed solely to correct the prior Form 4 to show that the restricted stock units were acquired by the reporting person.
F3 Options vest 1/3 per year on the anniversary of the date of grant, subject to continued service with the Company.