0001654954-21-002741.txt : 20210312
0001654954-21-002741.hdr.sgml : 20210312
20210312210133
ACCESSION NUMBER: 0001654954-21-002741
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210310
FILED AS OF DATE: 20210312
DATE AS OF CHANGE: 20210312
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sumichrast Martin A.
CENTRAL INDEX KEY: 0001427722
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38299
FILM NUMBER: 21739539
MAIL ADDRESS:
STREET 1: 11125 COLONIAL COUNTRY LANE
CITY: CHARLOTTE
STATE: NC
ZIP: 28277
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
2021-03-10
0001644903
cbdMD, Inc.
YCBD
0001427722
Sumichrast Martin A.
C/O 8845 RED OAK BLVD
CHARLOTTE
NC
28217
true
true
Chairman & CO-CEO
Common stock
2021-03-10
4
S
false
59507
4.0351
D
1490837
I
See footnote
Common stock
2021-03-11
4
S
false
65493
3.9327
D
1425344
I
See footnote
The number of shares of common stock sold by the Reporting Person in the reported transactions were owned of record by the Sumichrast 2017 Family Trust (the "Family Trust"). The Reporting Person has voting and dispositive control over securities owned of record by the Family Trust. The Reporting Person disclaims beneficial ownership of the securities held of record by this entity except to the extent of his pecuniary interest therein. The Reporting Person has the sole power to dispose of the shares of common stock held of record by the Family Trust. The Reporting Person has the sole right to vote 1,031,594 shares of common stock held by the Family Trust and the balance of 393,750 shares are subject to the terms of a Voting Trust Agreement dated February 26, 2020 between the Issuer and the Family Trust pursuant to which until such time as the unrestricted voting rights to these shares have vested, the voting rights to such shares are held by the independent chairman of the Audit Committee of the Issuer's board of directors who will vote such shares on any matter brought before the Issuer's shareholders in accordance with the recommendation of its board of directors. The voting rights to the 393,750 shares vest in equal portions on each of June 20, 2022 and December 20, 2023.
/s/ Martin A. Sumichrast
2021-03-12