John Alexander Paterson - 17 May 2023 Form 4 Insider Report for iANTHUS CAPITAL HOLDINGS, INC. (ITHUF)

Role: Director
Signature: John Paterson
Issuer symbol: ITHUF
Transactions as of: 17 May 2023
Net transactions value: $0
Form type: 4
Filing time: 18 May 2023, 17:04:12 UTC
Previous filing: 01 May 2023
Next filing: 07 Jul 2023
SEC: View on sec.gov

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	ITHUF	Restricted Stock Units	Award	$0	+17,597,765		$0.000000	17,597,765	17 May 2023	Common Shares	17,597,765		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one common share of the Issuer following vesting.
F2	The restricted stock units were granted pursuant to the Issuer's Amended and Restated Omnibus Equity Incentive Plan dated October 15, 2018 (the "Plan"). There is an immediate vesting of 5,586,592 units on May 18, 2023 and the remaining 12,011,173 units will vest on May 17, 2024. The shares (or, in the sole discretion of the Issuer, cash in the amount equal to the Fair Market Value (as defined in the Plan) of such shares on the delivery date) subject to any vested restricted stock units shall be delivered to the Reporting Person within 73 days following the vesting date applicable to such restricted stock units.

Content

Each restricted stock unit represents a contingent right to receive one common share of the Issuer following vesting.

The restricted stock units were granted pursuant to the Issuer's Amended and Restated Omnibus Equity Incentive Plan dated October 15, 2018 (the "Plan"). There is an immediate vesting of 5,586,592 units on May 18, 2023 and the remaining 12,011,173 units will vest on May 17, 2024. The shares (or, in the sole discretion of the Issuer, cash in the amount equal to the Fair Market Value (as defined in the Plan) of such shares on the delivery date) subject to any vested restricted stock units shall be delivered to the Reporting Person within 73 days following the vesting date applicable to such restricted stock units.