FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
1. Name and Address of Reporting Person*
(Street)
|
2. Date of Event Requiring Statement
(Month/Day/Year) 06/13/2016 |
3. Issuer Name and Ticker or Trading Symbol
True Nature Holding, Inc. [ TNTY ] |
|||||||||||||
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
5. If Amendment, Date of Original Filed
(Month/Day/Year) |
||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Beneficially Owned | |||
---|---|---|---|
1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
True Nature Holdings | 200,000 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
---|---|---|---|---|---|---|---|
1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
True Nature Holdings option | 06/08/2016 | (1) | True Nature Holdings Common | 250,000 | $1 | D | |
True Nature Holdings option | 05/31/2017 | (1) | True Nature Holdings Common | 250,000 | $1.5 | D | |
True Nature Holdings option | 05/31/2018 | (1) | True Nature Holdings Common | 250,000 | $2 | D | |
True Nature Holdings option | 05/31/2019 | (1) | True Nature Holdings Common | 250,000 | $2.5 | D |
Explanation of Responses: |
1. The Non-Qualified Stock Option Agreement between True Nature and James Driscoll does not provide for an expiration date, only eventualities in the case of a sale of the company, termination, death or disability. |
Remarks: |
First, I purchased 100,000 shares from Rick Smyth in a private sale. Second, I was awarded 100,000 shares for joining the Board of the company. Finally, as part of an overall compensation package as Chief Executive Officer I was awarded 1,000,000 options with a vesting schedule per the above information. |
/s/ James Driscoll | 06/14/2016 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |