Sec Form 4 Filing - Ollet John @ Healthier Choices Management Corp. - 2021-02-12

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Ollet John
2. Issuer Name and Ticker or Trading Symbol
Healthier Choices Management Corp. [ HCMC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last) (First) (Middle)
3800 NORTH 28TH WAY
3. Date of Earliest Transaction (MM/DD/YY)
02/12/2021
(Street)
HOLLYWOOD, FL33020
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 3,000,000,000 D
Common Stock 02/12/2021 A 300,000,000 ( 1 ) A $ 0 300,000,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option $ 0.0001 ( 2 )( 3 ) 12/12/2026 Common Stock 1,000,000 1,000,000 D
Employee Stock Option $ 0.0001 ( 3 )( 4 ) 08/30/2027 Common Stock 4,000,000 4,000,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Ollet John
3800 NORTH 28TH WAY
HOLLYWOOD, FL33020
Chief Financial Officer
Signatures
/s/ John Ollet 02/17/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares of common stock granted pursuant to a time-based restricted stock award (RSA). This restricted common stock shall vest in 12.5% increments on the last day of each of the next eight calendar quarters commencing March 31, 2021, provided the Reporting Person has provided continuous service to the Issuer through the applicable vesting date.
( 2 )These options are all fully vested.
( 3 )Pursuant to the terms of the option agreement between the holder and the Issuer, the option may not be exercised if the exercise would result in the holder beneficially owning (as determined in accordance with Section 13(d) of the Securities Exchange Act of 1934) in excess of 19.99% of all of the common stock of the Issuer outstanding at such time.
( 4 )Options vest as follows: 250,000,000 as of May 15, 2017; 250,000,000 as of November 15, 2017; 250,000,000 as of May 15, 2018 and 250,000,000 as of November 15, 2018.

Remarks:
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly* If the form is filed by more than one reporting person, see Instruction 4(b)(v).Explanation of Responses:** Intentional misstatements or omissions of facts constitute Federal Criminal ViolationsSee 18 U.S. C. 1001 and 15 U.S.C. 78ff(a)Note: File three copies of this Form, one of which must be manually signed, If space is insufficient,See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are notRequired to respond unless the form displays a currently valid OMB Number.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.