Dennis O'Malley - 01 Jan 2022 Form 4 Insider Report for TPCO Holding Corp. (GRAM)

Signature
By: /s/ Emily Jennings, Attorney-in-fact
Issuer symbol
GRAM
Transactions as of
01 Jan 2022
Net transactions value
$0
Form type
4
Filing time
04 Jan 2022, 16:45:52 UTC
Previous filing
03 Dec 2021
Next filing
06 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRAMF Common Shares Options Exercise +7,657 +1.8% 426,708 01 Jan 2022 Direct F1

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 -7,657 -4% $0.000000 183,750 01 Jan 2022 Common Shares 7,657 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 Shares on a one-for-one basis.
F2 On January 15, 2021, the reporting person was granted 306,250 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.