0001683168-19-001723.txt : 20190524 0001683168-19-001723.hdr.sgml : 20190524 20190524164203 ACCESSION NUMBER: 0001683168-19-001723 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181205 FILED AS OF DATE: 20190524 DATE AS OF CHANGE: 20190524 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PUGLISE JOSEPH P. CENTRAL INDEX KEY: 0001768825 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55450 FILM NUMBER: 19854970 MAIL ADDRESS: STREET 1: 7 HARBOR DRIVE CITY: RUMSON STATE: NJ ZIP: 07760 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Medicine Man Technologies, Inc. CENTRAL INDEX KEY: 0001622879 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742] IRS NUMBER: 465289499 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4880 HAVANA STREET STREET 2: SUITE 102 SOUTH CITY: DENVER STATE: CO ZIP: 80239 BUSINESS PHONE: 303-371-0387 MAIL ADDRESS: STREET 1: 4880 HAVANA STREET STREET 2: SUITE 102 SOUTH CITY: DENVER STATE: CO ZIP: 80239 3 1 ownership.xml X0206 3 2018-12-05 0 0001622879 Medicine Man Technologies, Inc. MDCL 0001768825 PUGLISE JOSEPH P. 4880 HAVANA STREET, SUITE 201 DENVER CO 80239 1 1 0 0 Chief Operating Officer Stock Option (right to buy) 1.49 Common Stock 2000000 D The Reporting Person's Stock Option to acquire shares of the Registrant's common stock were granted pursuant to an Employment Agreement, as amended, and vest and become exercisable as follows: (i) 250,000 on December 5, 2018; (ii) 250,000 on December 5, 2019; (iii) 250,000 on December 5, 2020; (iv) 250,000 on December 5, 2021; (v) 250,000 if the Registrant achieves annual gross revenue in excess of $25,000,000 in calendar-year 2020 from the certain of the Registrant's operations; (vi) 250,000 if the Registrant achieves annual gross revenues in excess of 40,000,000 in calendar-year 2021 from certain of the Registrant's operations and (vii) 500,000 if the VWAP of the Registrant's common stock is $5.00 or greater for five (5) consecutive trading days at any time during the term of the Amended Employment Agreement. Any unexercised portion of the Stock Option, whether vested or unvested, shall expire on the date which is three (3) years and one (1) month following the date the shares of common stock subject to the Stock Option vest and become exercisable. The exercise price of the Stock Option is equal to the fair market value of the Registrant's common stock as of the date of the grant of such Stock Option. /s/ Joseph P. Puglise 2019-05-24