Mike Batesole - Nov 1, 2021 Form 4 Insider Report for TPCO Holding Corp. (GRAMF)

Role
Chief Financial Officer
Signature
By: /s/ Emily Jennings, Attorney-in-fact
Stock symbol
GRAMF
Transactions as of
Nov 1, 2021
Transactions value $
-$6,116
Form type
4
Date filed
11/3/2021, 12:49 PM
Previous filing
Oct 8, 2021
Next filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRAMF Common Stock Options Exercise +6.25K +13.35% 53.1K Nov 1, 2021 Direct F1
transaction GRAMF Common Stock Tax liability -$6.12K -2.16K -4.07% $2.83* 50.9K Nov 1, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GRAMF Restricted Stock Units Options Exercise $0 -6.25K -3.57% $0.00 169K Nov 1, 2021 Common Shares 6.25K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 On February 15, 2021, the reporting person was granted 250,000 RSU's, 25% of which vested after 180 days after the grant date (the Initial Vesting Period"). The remaining RSUs will vest in thirty (30) equal monthly installments beginning on the first day of the first month following the Initial Vesting Period.