Leland Hensch - Jun 30, 2022 Form 4 Insider Report for TPCO Holding Corp. (GRAMF)

Role: Director
Signature: By: /s/ Leland Hensch
Stock symbol: GRAMF
Transactions as of: Jun 30, 2022
Transactions value $: $0
Form type: 4
Date filed: 7/5/2022, 07:27 PM
Previous filing: Jun 3, 2022
Next filing: Aug 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GRAMF	Common Shares	Options Exercise		+506	+0.02%		2.83M	Jul 1, 2022	Direct	F1
holding	GRAMF	Common Shares						1.12M	Jun 30, 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	Award	$0	+100K	+823.99%	$0.00	112K	Jun 30, 2022	Common Shares	100K		Direct	F1, F3
transaction	GRAMF	Restricted Stock Units	Options Exercise	$0	-506	-0.45%	$0.00	112K	Jul 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 Common Shares held by The Hensch Family Dynasty Trust. Mr. Hensch disclaims beneficial ownership over these Common Shares, except to the extent of his pecuniary interest.
F3	On June 30, 2022, the reporting person was granted 100,000 RSU's, 33% of which vests 1 year after the grant date. The remaining RSUs vest in 8 equal quarterly installments beginning on September 30, 2022.
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.