Dennis O'Malley - 01 Mar 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 Mar 2022
Net transactions value
-$6,139
Form type
4
Filing time
03 Mar 2022, 17:22:49 UTC
Previous filing
03 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRAMF Common Shares Options Exercise +7,656 +1.8% 440,468 01 Mar 2022 Direct F1
transaction GRAMF Common Shares Tax liability $6,139 -4,293 -0.97% $1.43* 436,175 01 Mar 2022 Direct 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 -7,656 -4.3% $0.000000 168,438 01 Mar 2022 Common Shares 7,656 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 The disposition of Common Shares is associated with tax obligations of the reporting person.
F3 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.