0000925421-20-000280.txt : 20200721 0000925421-20-000280.hdr.sgml : 20200721 20200721170221 ACCESSION NUMBER: 0000925421-20-000280 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200716 FILED AS OF DATE: 20200721 DATE AS OF CHANGE: 20200721 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LoCascio Aaron CENTRAL INDEX KEY: 0001773162 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38875 FILM NUMBER: 201039440 MAIL ADDRESS: STREET 1: 1095 BROKEN SOUND PARKWAY, SUITE 300 CITY: BOCA RATON STATE: FL ZIP: 33487 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Greenlane Holdings, Inc. CENTRAL INDEX KEY: 0001743745 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-DURABLE GOODS, NEC [5099] IRS NUMBER: 830806637 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1095 BROKEN SOUND PARKWAY STREET 2: SUITE 300 CITY: BOCA RATON STATE: FL ZIP: 33487 BUSINESS PHONE: 877-292-7660 MAIL ADDRESS: STREET 1: 1095 BROKEN SOUND PARKWAY STREET 2: SUITE 300 CITY: BOCA RATON STATE: FL ZIP: 33487 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2020-07-16 0001743745 Greenlane Holdings, Inc. GNLN 0001773162 LoCascio Aaron C/O GREENLANE HOLDINGS, INC. 1095 BROKEN SOUND PARKWAY, SUITE 300 BOCA RATON FL 33487 1 1 1 0 Chief Executive Officer Class C Common Stock 2020-07-16 4 C 0 153000 0 D 64673013 I See footnote Class A Common Stock 2020-07-16 4 C 0 51000 0 A 51000 I See footnote Class A Common Stock 2020-07-17 4 S 0 37267 3.72 D 19108 D Class A Common Stock 2020-07-20 4 S 0 1733 3.70 D 17375 D Common Units 2020-07-16 4 C 0 51000 0 D Class A Common Stock 51000 21557671 I See footnote Pursuant to the Third Amended and Restated Operating Agreement of Greenlane Holdings, LLC (the "Operating Company"), the common membership interests in the Operting Company (the "Common Units") are redeemable on a one-for-one basis for shares of Class A Common Stock of the Issuer, or, at the election of the Issuer, cash equal to a volume weighted average market price of a share of Class A Common Stock. Upon any redemption of Common Units, three shares of Class C Common Stock are automatically forfeited and cancelled for each Common Unit so redeemed. The reporting person is a stockholder of Jacoby & Co. Inc. ("Jacoby"), which is a member of the Operating Company and is the direct record owner of the securities described herein. The reporting person shares voting control of such securities owned by Jacoby and has a pecuniary interest in such securities held by Jacoby. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.55 to $3.81, inclusive. The reporting person undertakes to provide to Greenlane Holdings, Inc., any security holder of Greenlane Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.66 to $3.75, inclusive. The reporting person undertakes to provide to Greenlane Holdings, Inc., any security holder of Greenlane Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4. The Common Units have no expiration date. /s/ Douglas Fischer, as attorney-in-fact for Aaron LoCascio 2020-07-21