0001415889-21-000478.txt : 20210202
0001415889-21-000478.hdr.sgml : 20210202
20210202135615
ACCESSION NUMBER: 0001415889-21-000478
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210122
FILED AS OF DATE: 20210202
DATE AS OF CHANGE: 20210202
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Johnson Andrew L.
CENTRAL INDEX KEY: 0001773143
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38190
FILM NUMBER: 21580243
MAIL ADDRESS:
STREET 1: 80 NE 4TH AVE. SUITE 28
CITY: DELRAY BEACH
STATE: FL
ZIP: 33483
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Exactus, Inc.
CENTRAL INDEX KEY: 0001552189
STANDARD INDUSTRIAL CLASSIFICATION: MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833]
IRS NUMBER: 271085858
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 80 NE 4TH AVENUE
STREET 2: SUITE 28
CITY: DELRAY BEACH
STATE: FL
ZIP: 33483
BUSINESS PHONE: 561-455-4822
MAIL ADDRESS:
STREET 1: 80 NE 4TH AVENUE
STREET 2: SUITE 28
CITY: DELRAY BEACH
STATE: FL
ZIP: 33483
FORMER COMPANY:
FORMER CONFORMED NAME: Spiral Energy Tech., Inc.
DATE OF NAME CHANGE: 20131004
FORMER COMPANY:
FORMER CONFORMED NAME: Solid Solar Energy, Inc.
DATE OF NAME CHANGE: 20120613
4
1
form4-02022021_100200.xml
X0306
4
2021-01-22
0001552189
Exactus, Inc.
EXDI
0001773143
Johnson Andrew L.
80 NE 4TH AVE. SUITE 28
DELRAY BEACH
FL
33483
false
true
false
false
CHIEF GROWTH OFFICER
Common Stock
2021-01-22
4
A
0
8186240
0.025
A
12792490
D
Options to purchase common stock
0.025
2021-01-22
4
A
0
3500000
0.025
A
2021-01-22
2023-01-22
Common stock
3500000
3500000
D
The reporting person was issued a total of 8,186,240 shares of common stock in payment of accrued compensation, reimbursable expenses, and loans advanced to the company.
Consists of 8,498,740 shares of common stock, together with: (i) options to purchase 31,250 shares of common stock at a price of $0.96 per share, exercisable until 1/15/29; (ii) options to purchase 12,500 shares of common stock at a price of $0.32 per share, exercisable until 1/15/29; (iii) options to purchase 750,000 shares of common stock at a price of $0.32 per share, exercisable until 3/12/29; and (iv) options to purchase 3,500,00 shares of common stock at a price of $0.025 per share, exercisable until 1/22/23.
The reporting person was granted two year options to purchase 3,500,000 shares of Common Stock at an exercise price of $0.025 per share. Provided Mr. Johnson has not resigned or been removed prior to vesting, fifty (50%) percent of such amount shall vest upon issuance and fifty (50%) percent upon the closing of any acquisition with a combined value (target and the Corporation) in excess of five million ($5,000,000) dollars.
/s/ Andrew Johnson
2021-01-28