Leland Hensch - Dec 1, 2021 Form 4 Insider Report for TPCO Holding Corp. (GRAMF)

Role
Director
Signature
By: /s/ Leland Hensch
Stock symbol
GRAMF
Transactions as of
Dec 1, 2021
Transactions value $
$0
Form type
4
Date filed
12/3/2021, 04:10 PM
Previous filing
Oct 8, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRAMF Common Shares Options Exercise +5.06K +0.18% 2.82M Dec 1, 2021 Direct F1
holding GRAMF Common Shares 1.12M Dec 1, 2021 See Footnote F2

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 -5.06K -25% $0.00 15.2K Dec 1, 2021 Common Shares 5.06K Direct F1, F3
* 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 Shares on a one-for-one basis.
F2 Represents Common Shares held by The Hensch Family Dynasty Trust. Mr. Hensch disclaims beneficial ownership over these Common Shares, except to the extent of his pecuniary interest.
F3 On June 1, 2021, the reporting person was granted 20,226 RSU's, 25% of which vested 180 days after the grant date (the "Initial Vesting Period"). The remaining RSUs vest in 30 equal monthly installments beginning on the first day of the first month following the Initial Vesting Period.