Desiree Perez - Apr 1, 2022 Form 4 Insider Report for TPCO Holding Corp. (GRAMF)

Role: Director
Signature: By: /s/ Desiree Perez
Stock symbol: GRAMF
Transactions as of: Apr 1, 2022
Transactions value $: $1,873,421
Form type: 4
Date filed: 4/4/2022, 05:37 PM
Previous filing: Mar 2, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GRAMF	Common Shares	Options Exercise		+506	+7.7%		7.08K	Apr 1, 2022	Direct	F1
transaction	GRAMF	Common Shares	Award	$1.87M	+1.44M	+38.68%	$1.30^*	5.17M	Apr 1, 2022	See Footnote	F2, F3

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	-506	-3.71%	$0.00	13.1K	Apr 1, 2022	Common Shares	506		Direct	F1, F4

* 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 the acquisition of Common Shares by Roc Nation LLC pursuant to the terms of the Binding Heads of Terms, dated November 24, 2020, by and between the Issuer and Roc Nation LLC.
F3	Represents Common Shares held Roc Nation LLC. Ms. Perez is Chief Executive Officer of Roc Nation LLC and shares voting and dispositive power over these Common Shares with four other persons. Ms. Perez disclaims beneficial ownership over these shares, except to the extent of her pecuniary interest.
F4	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.