Replies to post #83765 on CV Sciences Inc (CVSI)

[Wolf-man jack]

WQLF SAYS: The shares to the CEO and CFO appear and I could be wrong. Could it be the large amount of shares are a partial compensation for their pay instead of cash. The amount of shares and cost per share come to $112,500 dollars. The two board members are being compensated for their efforts on an annually basis. Their 500,000 shares at .0375 come to $18,750.

The is is the reason I believe the CEO and the CFO are taking partial options for their salary instead of cash is that Joerg is not a board member and he is receiving the same amount of options as JD who is a board member.

https://ir.cvsciences.com/board-of-directors

[Wolf-man jack]

WQLF SAYS: These options were not granted in 2021,2022 and 2023.

The following for 2025 options.

Joseph Dowling 3,000,000 Options

Over 36 months is 83,333 shares per month to be exercised. 83,333 multiplied by $.04 equals $3,333 per month. The shares added by the CEO, CFO and the two directors will cause dilution. The effect on their vesting if they sell on a monthly period in my opinion will not cause a downward effect on the price of the shares.

Joseph Dowling 3,000,000 Share Option and the 2,350,000 option shares for Joerg Grasser.

Explanation of Responses:

1. The option is durational-based. No option shares are vested on the date of grant. The option shares vest and become exercisable in a series of thirty-six (36) successive equal monthly installments measured from February 18, 2025, provided, that there has not been a termination of service as of such date. In no event will any unvested portion of the option vest or become exercisable for any additional option shares after the termination of service.“


Here is the explanation for the two board of directors. 500,000 option shares for both directors.
Explanation of Responses:

1. The option is durational-based. No option shares are vested on the date of grant. The option shares vest and become exercisable on April 30, 2026, provided, that there has not been a termination of service as of such date. In no event will any unvested portion of the option vest or become exercisable for any additional option shares after a termination of service.“

This is a schedule of shares granted in June 20, 2024 with explanation for Dowling, Grasser. McCorkle, and Corroon

Joseph Dowling

https://www.sec.gov/Archives/edgar/data/1510964/000095017024076906/xslF345X05/ownership.xml

Joerg Grasser

https://www.sec.gov/Archives/edgar/data/1763727/000095017024076912/xslF345X05/ownership.xml

For Dowling and Grasser

Explanation of Responses:

1. The option is durational-based. No option shares are vested on the date of grant. The option shares vest and become exercisable in a series of thirty-six (36) successive equal monthly installments measured from June 20, 2024, provided, that there has not been a termination of service as of such date. In no event will any unvested portion of the option vest or become exercisable for any additional option shares after a termination of service.“


William McCorkle

https://www.sec.gov/Archives/edgar/data/1953074/000095017024076938/xslF345X05/ownership.xml

James Michael Corroon Jr.

https://www.sec.gov/Archives/edgar/data/1940094/000095017024076934/xslF345X05/ownership.xml

Explanation of Responses:
For Both McCorkle and Corroon.
1. The option is durational-based. No option shares are vested on the date of grant. The option shares vest and become exercisable on April 30, 2025, provided, that there has not been a termination of service as of such date. In no event will any unvested portion of the option vest or become exercisable for any additional option shares after a termination of service”.

2025 Share Options

Thomas@yahoo
Re: Wolf-man jack post# 83760
Friday, 02/21/2025 5:11:01 AM
https://ir.cvsciences.com/sec-filings-email/content/0000950170-25-024328/ownership.html

https://ir.cvsciences.com/sec-filings-email/content/0000950170-25-024329/ownership.html

https://ir.cvsciences.com/sec-filings-email/content/0000950170-25-024327/ownership.html

https://ir.cvsciences.com/sec-filings-email/content/0000950170-25-024330/ownership.html
Bullish
BULLISH