Michael Auerbach - 01 Jan 2022 Form 4 Insider Report for TPCO Holding Corp. (GRAMF)

Role
Director
Signature
By: /s/ Michael Auerbach
Issuer symbol
GRAMF
Transactions as of
01 Jan 2022
Net transactions value
$0
Form type
4
Filing time
04 Jan 2022, 16:50:03 UTC
Previous filing
03 Dec 2021
Next filing
19 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRAMF Common Shares Options Exercise +607 +4.1% 15,386 01 Jan 2022 Direct F1
holding GRAMF Common Share 6,604,434 01 Jan 2022 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 -607 -3.3% $0.000000 17,596 01 Jan 2022 Common Shares 607 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 Held by M3 DAAT LLC. Mr. Auerbach disclaims beneficial ownership over the Common Shares held by M3 DAAT LLC, except to the extent of his pecuniary interest.
F3 On June 1, 2021, the reporting person was granted 24,271 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.