| | Important Notice Regarding the Availability of Proxy Materials for the Stockholder Meeting to be Held on | | |
Name and address of beneficial owner | | | Number of Shares Beneficially Owned | | | Percentage of Shares Beneficially Owned | | ||||||
5% Stockholders: | | | | | | | | | | | | | |
Josh Mailman(1) | | | | | 8,614,138 | | | | | | 11.06% | | |
Oasis Capital, LLC(2) | | | | | 4,604,484 | | | | | | 5.91% | | |
Named executive officers and directors: | | | | | | | | | | | | | |
Lisa A. Conte(3) | | | | | 578,222 | | | | | | * | | |
Steven R. King, Ph.D.(4) | | | | | 180,415 | | | | | | * | | |
Jonathan S. Wolin(5) | | | | | 137,038 | | | | | | * | | |
Ian Wendt(6) | | | | | 78,471 | | | | | | * | | |
James J. Bochnowski(7) | | | | | 375,796 | | | | | | * | | |
Jonathan B. Siegel(8) | | | | | 136,016 | | | | | | * | | |
John Micek III(9) | | | | | 84,456 | | | | | | * | | |
Greg Divis(10) | | | | | 84,039 | | | | | | * | | |
All current executive officers and directors as a group (8 persons)(11) | | | | | 1,654,453 | | | | | | 2.08% | | |
Name and address of beneficial owner | | | Number of Shares Beneficially Owned | | | Percentage of Shares Beneficially Owned | | ||||||
5% Stockholders: | | | | | | | | | | | | | |
Josh Mailman(1) | | | | | 8,614,138 | | | | | | 9.04% | | |
Oasis Capital, LLC(2) | | | | | 4,604,484 | | | | | | 4.83% | | |
Named executive officers and directors: | | | | | | | | | | | | | |
Lisa A. Conte(3) | | | | | 562,039 | | | | | | * | | |
Steven R. King, Ph.D.(4) | | | | | 175,854 | | | | | | * | | |
Jonathan S. Wolin(5) | | | | | 136,493 | | | | | | * | | |
Ian Wendt(6) | | | | | 75,832 | | | | | | * | | |
James J. Bochnowski(7) | | | | | 363,926 | | | | | | * | | |
Jonathan B. Siegel(8) | | | | | 125,147 | | | | | | * | | |
John Micek III(9) | | | | | 73,060 | | | | | | * | | |
Anula Jayasuriya(10) | | | | | — | | | | | | * | | |
All current executive officers and directors as a group (8 persons)(11) | | | | | 1,512,351 | | | | | | 1.56% | | |
SERIES E PREFERRED STOCK | | ||||||||||||
Name of Beneficial Owner | | | Number of Shares of Series E Preferred Stock | | | Percentage Ownership | | ||||||
| | | Ten | | | | |||||||
| | ||||||||||||
100 | | ||||||||||||
|
| | | Years ended December 31, | | |||||||||
| | | 2021 | | | 2020 | | ||||||
Audit Fees | | | | $ | 943,122 | | | | | $ | 641,178 | | |
Audit Related Fees | | | | | — | | | | | | — | | |
Tax Fees | | | | | — | | | | | | — | | |
All Other Fees | | | | | — | | | | | | 100,000 | | |
Total | | | | $ | 943,122 | | | | | $ | 741,178 | | |
| | | Scenario A | | | Scenario B | | | Scenario C | | |||||||||
Hypothetical Price per Share(1) | | | | $ | 0.23 | | | | | $ | 0.29 | | | | | $ | 0.35 | | |
Hypothetical Aggregate Outstanding Amount of Total Purchase Price(2) | | | | $ | 10,000,000 | | | | | $ | 10,000,000 | | | | | $ | 10,000,000 | | |
Total Number of Shares Issuable | | | | | 50,683,870 | | | | | | 49,047,088 | | | | | | 42,857,142 | | |
| Issuance Date: | | | August [ ], 2022 | |
| Royalty Repayment Amount as of August [ ], 2022: | | | $[ ] million | |
| Interest Rate: | | | [ ]% per annum, compounding quarterly | |
| Minimum Royalty Payment Start Date: | | | [ ] | |
| Monthly Minimum Royalty Payment Amount: | | | [ ] | |
| Minimum Royalty Payment Start Date: | | | [ ] | |
| Monthly Minimum Royalty Payment Amount: | | | [ ] | |
| | | Scenario A* | | | Scenario B | | | Scenario C | | |||||||||
Hypothetical Exchange Price | | | | $ | 0.62 | | | | | $ | 0.71 | | | | | $ | 0.85 | | |
Hypothetical Aggregate Outstanding Amount of Royalty Interests | | | | $ | 38,515,788 | | | | | $ | 38,515,788 | | | | | $ | 38,515,788 | | |
Hypothetical Aggregate Outstanding Amount of Note | | | | $ | 6,567,882 | | | | | $ | 6,567,882 | | | | | $ | 6,567,882 | | |
Total Hypothetical Aggregate Outstanding Amount of Royalty Interests and Note | | | | $ | 45,083,670 | | | | | $ | 45,083,670 | | | | | $ | 45,083,670 | | |
Total Number of Shares Issued Upon Full Exchange of Royalty Interests and Note | | | | | 72,715,596 | | | | | | 63,498,126 | | | | | | 53,039,611 | | |
| | | Scenario A | | | Scenario B | | | Scenario C | | |||||||||
Hypothetical Exchange Price | | | | $ | 0.23 | | | | | $ | 0.29 | | | | | $ | 0.35 | | |
Hypothetical Aggregate Outstanding Amount of Royalty Interest | | | | $ | [•] | | | | | $ | [•] | | | | | $ | [•] | | |
Total Number of Shares Issued Upon Full Exchange of Royalty Interest | | | | | [•] | | | | | | [•] | | | | | | [•] | | |
| | | Year | | | Salary ($) | | | Bonus ($) | | | Option awards ($)(1) | | | All other compensation ($)(2) | | | Total ($) | | ||||||||||||||||||
Lisa A. Conte President and Chief Executive Officer | | | | | 2021 | | | | | | 526,775 | | | | | | 185,000 | | | | | | 1,168,682 | | | | | | 10,770 | | | | | | 1,891,227 | | |
| | | 2020 | | | | | | 500,000 | | | | | | — | | | | | | 874,451 | | | | | | 25,213 | | | | | | 1,399,664 | | | ||
Steven R. King, Ph.D Chief, Sustainable Supply, Ethnobotanical Research and Intellectual Property | | | | | 2021 | | | | | | 308,925 | | | | | | 117,000 | | | | | | 369,674 | | | | | | 26,685 | | | | | | 822,284 | | |
| | | 2020 | | | | | | 300,000 | | | | | | — | | | | | | 300,073 | | | | | | 32,228 | | | | | | 632,301 | | | ||
Jonathan Wolin Chief of Staff, General Counsel and Chief Compliance Officer | | | | | 2021 | | | | | | 335,850 | | | | | | 117,792 | | | | | | 251,454 | | | | | | 25,075 | | | | | | 730,171 | | |
| | | 2020 | | | | | | 306,750 | | | | | | — | | | | | | 172,334 | | | | | | 29,762 | | | | | | 508,846 | | | ||
Ian Wendt Chief Commercial Officer | | | | | 2021 | | | | | | 329,175 | | | | | | 102,375 | | | | | | 127,902 | | | | | | — | | | | | | 559,452 | | |
| | | 2020 | | | | | | 300,000 | | | | | | 10,769 | | | | | | 48,478 | | | | | | — | | | | | | 359,247 | | |
| | | Options Vesting Commencement Date | | | Number of Securities Underlying Unexercised Options | | | Option exercise price | | | Stock Option expiration date | | ||||||||||||||||||
| Exercisable | | | Unexercisable | | ||||||||||||||||||||||||||
Lisa A Conte | | | | | 4/1/2014 | | | | | | 50 | | | | | | —(1) | | | | | $ | 7,985.25 | | | | | | 4/1/2024 | | |
| | | | | 7/2/2015 | | | | | | 27 | | | | | | —(2) | | | | | $ | 16,033.50 | | | | | | 7/2/2025 | | |
| | | | | 7/7/2015 | | | | | | 36 | | | | | | —(3) | | | | | $ | 15,246.00 | | | | | | 7/7/2025 | | |
| | | | | 4/1/2016 | | | | | | 22 | | | | | | —(4) | | | | | $ | 4,977.00 | | | | | | 4/1/2026 | | |
| | | | | 9/22/2016 | | | | | | 100 | | | | | | —(5) | | | | | $ | 3,937.50 | | | | | | 9/22/2026 | | |
| | | | | 12/19/2016 | | | | | | 5 | | | | | | —(6) | | | | | $ | 2,331.00 | | | | | | 12/19/2026 | | |
| | | | | 12/21/2017 | | | | | | 90 | | | | | | —(7) | | | | | $ | 388.71 | | | | | | 12/21/2027 | | |
| | | | | 3/12/2018 | | | | | | 1,031 | | | | | | —(8) | | | | | $ | 1,764.00 | | | | | | 3/12/2028 | | |
| | | | | 6/01/2018 | | | | | | 2,133 | | | | | | —(9) | | | | | $ | 572.59 | | | | | | 6/1/2028 | | |
| | | | | 7/24/2019 | | | | | | 328,052 | | | | | | 19,298(11) | | | | | $ | 5.19 | | | | | | 7/24/2029 | | |
| | | | | 3/20/2020 | | | | | | 44,222 | | | | | | 31,587(14) | | | | | $ | 1.34 | | | | | | 3/20/2030 | | |
| | | | | 4/05/2021 | | | | | | 60,000 | | | | | | 210,000(15) | | | | | $ | 5.97 | | | | | | 4/5/2031 | | |
Steven R. King, Ph.D | | | | | 4/1/2014 | | | | | | 29 | | | | | | —(1) | | | | | | 7,985,.25 | | | | | | 4/1/2024 | | |
| | | | | 7/2/2015 | | | | | | 15 | | | | | | —(2) | | | | | $ | 14,559.30 | | | | | | 6/14/2026 | | |
| | | | | 4/1/2016 | | | | | | 9 | | | | | | —(4) | | | | | $ | 7,434.00 | | | | | | 4/1/2026 | | |
| | | | | 9/22/2016 | | | | | | 6 | | | | | | —(5) | | | | | $ | 3,937.50 | | | | | | 9/22/2026 | | |
| | | | | 12/19/2016 | | | | | | 1 | | | | | | —(6) | | | | | $ | 2,331.00 | | | | | | 12/19/2026 | | |
| | | | | 12/21/2017 | | | | | | 29 | | | | | | —(7) | | | | | $ | 388.71 | | | | | | 12/21/2027 | | |
| | | | | 3/12/2018 | | | | | | 421 | | | | | | —(8) | | | | | $ | 1,764.00 | | | | | | 3/12/2028 | | |
| | | | | 6/1/2018 | | | | | | 710 | | | | | | —(9) | | | | | $ | 572.59 | | | | | | 6/1/2028 | | |
| | | | | 7/24/2019 | | | | | | 109,350 | | | | | | 6,433(11) | | | | | $ | 5.19 | | | | | | 7/24/2029 | | |
| | | | | 3/20/2020 | | | | | | 14,740 | | | | | | 10,529(14) | | | | | $ | 1.34 | | | | | | 3/20/2030 | | |
| | | | | 4/05/2021 | | | | | | 17,777 | | | | | | 62,223(15) | | | | | $ | 5.97 | | | | | | 4/05/2031 | | |
Jonathan Wolin | | | | | 11/28/2018 | | | | | | 476 | | | | | | —(10) | | | | | $ | 92.40 | | | | | | 11/28/2028 | | |
| | | | | 7/24/2019 | | | | | | 72,364 | | | | | | 14,473(11) | | | | | $ | 5.19 | | | | | | 7/24/2029 | | |
| | | | | 9/5/2019 | | | | | | 10,874 | | | | | | 3,625(12) | | | | | $ | 3.60 | | | | | | 9/5/2029 | | |
| | | | | 3/20/2020 | | | | | | 11,055 | | | | | | 7,897(14) | | | | | $ | 1.34 | | | | | | 3/20/2030 | | |
| | | | | 4/5/2021 | | | | | | 8,888 | | | | | | 31,112(15) | | | | | $ | 5.97 | | | | | | 4/05/2031 | | |
Ian Wendt | | | | | 11/12/2019 | | | | | | 41,666 | | | | | | 8,334(13) | | | | | $ | 2.98 | | | | | | 11/12/2020 | | |
| | | | | 3/20/2020 | | | | | | 4,861 | | | | | | 3,472(14) | | | | | $ | 1.34 | | | | | | 3/20/2030 | | |
| | | | | 4/5/2021 | | | | | | 8,888 | | | | | | 31,112(15) | | | | | $ | 5.97 | | | | | | 4/5/2031 | | |
| | | Year | | | Fees Earned or Paid in Cash ($) | | | Option awards ($)(1) | | | Total ($) | | ||||||||||||
James J. Bochnowski | | | | | 2021 | | | | | | 33,333 | | | | | | 228,774 | | | | | | 262,107 | | |
| | | 2020 | | | | | | — | | | | | | 259,210 | | | | | | 259,210 | | | ||
John Micek III | | | | | 2021 | | | | | | 21,667 | | | | | | 161,457 | | | | | | 183,124 | | |
| | | 2020 | | | | | | — | | | | | | 149,635 | | | | | | 149,635 | | | ||
Greg J. Divis | | | | | 2021 | | | | | | 15,000 | | | | | | 163,172 | | | | | | 178,172 | | |
| | | 2021 | | | | | | — | | | | | | 104,041 | | | | | | 104,041 | | | ||
Jonathan B. Siegel | | | | | 2021 | | | | | | 22,501 | | | | | | 204,865 | | | | | | 227,366 | | |
| | | 2020 | | | | | | — | | | | | | 159,525 | | | | | | 159,525 | | |