0001654954-20-000512.txt : 20200116
0001654954-20-000512.hdr.sgml : 20200116
20200116070607
ACCESSION NUMBER: 0001654954-20-000512
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191220
FILED AS OF DATE: 20200116
DATE AS OF CHANGE: 20200116
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SIEGEL SEYMOUR
CENTRAL INDEX KEY: 0001253065
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38299
FILM NUMBER: 20529429
MAIL ADDRESS:
STREET 1: 91 CABOT COURT
CITY: HAUPPAUGE
STATE: NY
ZIP: 11788
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: cbdMD, Inc.
CENTRAL INDEX KEY: 0001644903
STANDARD INDUSTRIAL CLASSIFICATION: PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844]
IRS NUMBER: 473414576
STATE OF INCORPORATION: NC
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 8845 RED OAK BOULEVARD
CITY: CHARLOTTE
STATE: NC
ZIP: 28217
BUSINESS PHONE: 704-445-3060
MAIL ADDRESS:
STREET 1: 8845 RED OAK BOULEVARD
CITY: CHARLOTTE
STATE: NC
ZIP: 28217
FORMER COMPANY:
FORMER CONFORMED NAME: Level Brands, Inc.
DATE OF NAME CHANGE: 20170202
FORMER COMPANY:
FORMER CONFORMED NAME: LEVEL BEAUTY GROUP, INC.
DATE OF NAME CHANGE: 20150611
4
1
section16.xml
PRIMARY DOCUMENT
X0306
4
2019-12-20
0001644903
cbdMD, Inc.
YCBD
0001253065
SIEGEL SEYMOUR
C/O 8845 RED OAK BOULEVARD
CHARLOTTE
NC
28217
true
Common Stock
2019-12-20
4
J
false
2187500
0
D
6562500
I
See Footnote
Under the terms of the Agreement and Plan of Merger dated December 3, 2018 (the "Merger Agreement") and the related Voting Proxy dated December 20, 2018 (the "Voting Proxy"), Mr. Siegel, as the independent Chairman of the Audit Committee of the Issuer's Board of Directors, held voting rights over an aggregate of 8,750,000 shares of common stock held by CBD Holding, LLC ("CBDH") until the unrestricted voting rights to those shares vest pursuant to the terms of the Merger Agreement. On December 20, 2019 the unrestricted voting rights to 2,187,500 shares vested. The unrestricted voting rights to the remaining shares will vest as follows: (i) 2,187,500 shares will vest on December 20, 2020; (ii) an additional 2,187,500 shares will vest on June 20, 2022; and (iii) the remaining 2,187,500 shares will vest on December 20, 2023. Until the unrestricted voting rights vest with CBDH, Mr. Siegel holds voting rights over these shares and will vote such shares on any matter brought before the Issuer's shareholders in accordance with the recommendation of the Issuer's Board of Directors. Mr. Siegel disclaims beneficial ownership of the securities held of record by CBDH.
/s/ Seymour G. Siegel by Power of Attorney
2020-01-14