CV Sciences (CVSI) Form 4 CV Sciences / Michael Joseph Mona Jr ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Mona Michael Joseph Jr

(Last) (First) (Middle)

10070 BARNES CANYON ROAD

(Street)

SAN DIEGO CA 92121

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CV Sciences, Inc. [ CVSI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/07/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	01/07/2020		S		6,379	D	$1	723,621	I	Held by Aegean Limited LLC(1)
Common Stock	01/08/2020		S		18,400	D	$1	705,221	I	Held by Aegean Limited LLC(1)
Common Stock	01/09/2020		S		25,221	D	$1	680,000	I	Held by Aegean Limited LLC(1)
Common Stock	01/09/2020		S		12,500	D	$1.02	667,500	I	Held by Aegean Limited LLC(1)
Common Stock	01/09/2020		S		12,500	D	$1.02	655,000	I	Held by Aegean Limited LLC(1)
Common Stock	01/09/2020		S		25,000	D	$1.0104	630,000	I	Held by Aegean Limited LLC(1)
Common Stock	01/14/2020		S		50,000	D	$1.05	580,000	I	Held by Aegean Limited LLC(1)
Common Stock	01/14/2020		S		50,000	D	$1.15	530,000	I	Held by Aegean Limited LLC(1)
Common Stock	01/15/2020		S		50,000	D	$1.2	480,000	I	Held by Aegean Limited LLC(1)
Common Stock	01/20/2020		S		80,000	D	$1.2	400,000	I	Held by Aegean Limited LLC(1)
Common Stock	02/11/2020		S		8,000	D	$0.95	392,000	I	Held by Aegean Limited LLC(1)
Common Stock	02/14/2020		S		45,000	D	$0.95	347,000	I	Held by Aegean Limited LLC(1)
Common Stock	03/26/2020		S		25,000	D	$0.7	322,000	I	Held by Aegean Limited LLC(1)
Common Stock	04/21/2020		S		77,200	D	$0.5244(2)	3,602,800	D
Common Stock	04/22/2020		S		278,421	D	$0.5017(3)	3,324,379	D
Common Stock	04/23/2020		S		42,774	D	$0.5143(4)	3,281,605	D
Common Stock	04/27/2020		S		207,226	D	$0.5209(5)	3,074,379	D
Common Stock	04/28/2020		S		5,650	D	$0.544	3,068,729	D
Common Stock	04/29/2020		S		84,575	D	$0.5317(6)	2,984,154	D
Common Stock	04/30/2020		S		16,840	D	$0.514	2,967,314	D
Common Stock	05/01/2020		S		42,790	D	$0.4834(7)	2,924,524	D
Common Stock	05/04/2020		S		109,239	D	$0.4766(8)	2,815,285	D
Common Stock	05/05/2020		S		136,285	D	$0.4708(9)	2,679,000(10)	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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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

Explanation of Responses:

1. The shares are directly held by Aegean Limited LLC, an entity owned by the reporting person's spouse. The reporting person disclaims beneficial ownership of such shares except to the extent of the reporting person's pecuniary interest therein, if any.

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.52 to $0.535 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.485 to $0.52 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.51 to $0.52 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.5 to $0.54 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.52 to $0.54 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

7. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.47 to $0.50 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

8. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.47 to $0.49 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

9. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.46 to $0.48 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

10. As of the date of this filing, the reporting person owns a total of 3,001,000 shares of common stock of the issuer, of which, the reporting person indirectly owns 322,000 shares of common stock of the issuer through Aegean Limited LLC, and directly owns 2,679,000 shares of common stock of the issuer.

	/s/ Michael Joseph Mona, Jr.	05/11/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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