Mike Batesole - Sep 1, 2022 Form 4 Insider Report for TPCO Holding Corp. (GRAMF)

Signature
By: /s/ Emily Jennings, Attorney-in-fact
Stock symbol
GRAMF
Transactions as of
Sep 1, 2022
Transactions value $
-$3,538
Form type
4
Date filed
9/6/2022, 04:10 PM
Previous filing
Aug 3, 2022
Next filing
Oct 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRAMF Common Shares Options Exercise +10K +7.86% 137K Sep 1, 2022 Direct F1, F2
transaction GRAMF Common Shares Sale -$3.54K -4.37K -3.18% $0.81 133K Sep 1, 2022 Direct 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 Disposed to Issuer -10K -3.57% 270K Sep 1, 2022 Common Shares 10K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon vesting, restricted stock units ("RSUs") convert into Common Shares on a one-for-one basis
F2 The amount reported in Column 5 of this Form 4 reflects a correction as amended and reported on the Reporting Person's Form 4/A, as filed on August 30, 2022.
F3 The disposition of Common Shares is associated with tax obligations of the reporting person.
F4 Effective February 15, 2021, the reporting person was granted 400,000 RSU's (150,000 of which were subject to performance vesting conditions that were subsequently met), 25% of which vested 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.