0001250853-23-000038.txt : 20230626
0001250853-23-000038.hdr.sgml : 20230626
20230626164317
ACCESSION NUMBER: 0001250853-23-000038
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20100520
FILED AS OF DATE: 20230626
DATE AS OF CHANGE: 20230626
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Palmer Richard NMN
CENTRAL INDEX KEY: 0001413582
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-12627
FILM NUMBER: 231042922
MAIL ADDRESS:
STREET 1: 3806 NEWTON ST.
CITY: TORRANC
STATE: CA
ZIP: 90505
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Global Clean Energy Holdings, Inc.
CENTRAL INDEX KEY: 0000748790
STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860]
IRS NUMBER: 870407858
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2790 SKYPARK DRIVE, SUITE 105
CITY: TORRANCE
STATE: CA
ZIP: 90505
BUSINESS PHONE: (310) 641-4234
MAIL ADDRESS:
STREET 1: 2790 SKYPARK DRIVE, SUITE 105
CITY: TORRANCE
STATE: CA
ZIP: 90505
FORMER COMPANY:
FORMER CONFORMED NAME: MEDICAL DISCOVERIES INC
DATE OF NAME CHANGE: 19940303
FORMER COMPANY:
FORMER CONFORMED NAME: WPI PHARMACEUTICAL INC
DATE OF NAME CHANGE: 19930126
FORMER COMPANY:
FORMER CONFORMED NAME: WESTPORT PHARMACEUTICAL INC
DATE OF NAME CHANGE: 19850111
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0407
4
2010-05-20
0
0000748790
Global Clean Energy Holdings, Inc.
GCEH
0001413582
Palmer Richard NMN
2790 SKYPARK DRIVE
SUITE 105
TORRANCE
CA
90505
1
1
1
0
Chief Executive Officer
0
Common Stock
2010-05-20
4
G
0
1225000
0
D
58805241
D
Common Stock
2011-05-04
4
G
0
20000
0
D
58785241
D
Common Stock
2011-05-04
4
S
0
11000000
0.0414
D
47785241
D
Common Stock
2020-12-31
4
G
0
990300
0
D
46794941
D
Common Stock
2021-12-23
4
G
0
28912
0
D
4650585
D
Stock Option (right to buy)
0.154
2018-10-16
4
A
0
11000000
0
A
2023-10-15
Common Stock
11000000
11000000
D
5% Convertible Note due October 15, 2020
0.154
2018-10-16
4
A
0
1000000
0
A
2018-10-16
2020-10-15
Common Stock
6493507
1000000
D
5% Convertible Note due October 15, 2020
0.154
2022-02-23
4
D
0
1000000
0
D
2018-10-16
2020-10-15
Common Stock
6493507
0
D
5% Convertible Note due February 23, 2024
0.154
2022-02-23
4
A
0
1000000
0
A
2022-02-23
Common Stock
7616305
1000000
D
The Issuer effected a 1-for-10 reverse stock split of its Common Stock on March 26, 2021 (the Reverse Split).
The Stock Option originally covered 110,000,000 shares at an exercise price of $0.0154 but has been adjusted to reflect the Reverse Split.
The Reporting Person will vest, and can exercise the Stock Option, with respect to 40,000,000 shares when the market capitalization of the Issuer first reaches $7 million; another 40,000,000 shares will vest when the market capitalization of the Issuer first reaches $15 million; and the remaining 30,000,000 shares will vest when the market capitalization of the Issuer first reaches $25 million.
The Note originally provided for a conversion price of $0.0154 but has been adjusted to reflect the Reverse Split.
On February 23, 2022, the Issuer and the Reporting Person agreed to amend the Note that was originally issued on October 16, 2018, in order to, among other things, extend the maturity date.
The maturity date of the Note is the later of February 23, 2024 or the date that the Series C Preferred Shares of the Issuer have been redeemed in full pursuant to the Certificate of Designations of Series C Preferred Stock.
The amended Note provides that the maximum number of shares into which the Note may be converted is 7,616,305
/s/ Richard Palmer
2023-06-26