Mike Batesole - May 2, 2022 Form 4 Insider Report for TPCO Holding Corp. (GRAMF)

Signature
By: /s/ Emily Jennings, Attorney-in-fact
Stock symbol
GRAMF
Transactions as of
May 2, 2022
Transactions value $
-$4,155
Form type
4
Date filed
5/3/2022, 08:03 PM
Previous filing
Apr 26, 2022
Next filing
May 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRAMF Common Shares Options Exercise +6.25K +9.18% 74.3K May 2, 2022 Direct F1
transaction GRAMF Common Shares Tax liability -$4.15K -3.2K -4.3% $1.30* 71.1K May 2, 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 -6.25K -2.63% $0.00 231K May 2, 2022 Common Shares 6.25K 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 February 15, 2021, the reporting person was granted 250,000 RSU's, 25% of which vested after 180 days after the grant date (the "Initial Vesting Period"). The remaining RSUs will vest in 30 equal monthly installments beginning on the first day of the first month following the Initial Vesting Period.