Celsius : Initial Statement of Beneficial Ownership (Form 3)
April 21, 2022 at 11:18 pm
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Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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(**)
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(1)
The reporting person was granted 3,719 restricted stock units ("RSUs") under the issuer's Amended 2015 Stock Incentive Plan. The RSUs vested on April 18, 2022. Each RSU represents a right to receive one share of Celsius Holdings, Inc. common stock upon vesting. The RSUs are subject to a one year "lock up" and "clawback provisions."
(2)
The reporting person was granted 14,875 RSUs on April 18, 2022. The RSUs will vest in four equal installments commencing on April 18, 2023.
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Celsius Holdings Inc. published this content on 21 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 April 2022 22:17:05 UTC.
Celsius Holdings, Inc. is engaged in the development, processing, marketing, sale, and distribution of functional energy drinks to a range of consumers. The Company's flagship asset, CELSIUS, is marketed as a fitness drink or supplement which, with exercise, is designed to accelerate metabolism and burn body fat while providing energy. This product line comes in two versions: a ready-to-drink form and an on-the-go powder form. The Company also offers a new CELSIUS Essentials line, available in 16-ounce cans. Celsius products are offered in retail channels across the United States, including conventional grocery, natural, convenience, fitness, mass market, vitamin specialty and e-commerce. Additionally, the Company's products are also offered in certain Canadian, European, Middle Eastern and Asia-Pacific markets. Its product's formulation includes ingredients and supplements such as green tea (EGCG), ginger (from the root), calcium, chromium, B vitamins and vitamin C.