Mike Batesole - May 16, 2022 Form 4 Insider Report for TPCO Holding Corp. (GRAMF)

Role
Chief Financial Officer
Signature
By: /s/ Emily Jennings, Attorney-in-fact
Stock symbol
GRAMF
Transactions as of
May 16, 2022
Transactions value $
-$36,036
Form type
4
Date filed
5/18/2022, 08:07 PM
Previous filing
May 3, 2022
Next filing
Aug 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRAMF Common Shares Award +71.3K +100.15% 142K May 16, 2022 Direct F1
transaction GRAMF Common Shares Tax liability -$36K -32.2K -22.6% $1.12* 110K May 16, 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 Award +78.8K +34.05% 310K May 16, 2022 Common Shares 78.8K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Both Common Shares and restricted stock units ("RSUs") were received for no consideration upon the satisfaction of performance criteria underlying an award of RSUs.
F2 The disposition of Common Shares is associated with tax obligations of the reporting person.
F3 RSUs convert into Common Shares on a one-for-one basis.
F4 The reporting person was granted 150,000 RSU's subject to satisfaction of certain performance criteria, 25% of which vested after 180 days after February 15, 2021 (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.