Alexander Shoghi - 03 Oct 2022 Form 4 Insider Report for iANTHUS CAPITAL HOLDINGS, INC. (ITHUF)

Role
Director
Signature
Alexander Shoghi
Issuer symbol
ITHUF
Transactions as of
03 Oct 2022
Net transactions value
+$12,960
Form type
4
Filing time
31 May 2023, 17:32:24 UTC
Previous filing
23 Sep 2022
Next filing
19 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITHUF Common Stock Award +1,960,785 +98% 3,960,785 03 Oct 2022 Direct F1, F2
transaction ITHUF Common Stock Award $12,960 +600,000 +15% $0.0216 4,560,785 26 May 2023 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 ITHUF Restricted Stock Units Options Exercise $0 -1,960,785 -31% $0.000000 4,460,785 03 Oct 2022 Common Stock 1,960,785 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the issuance of the shares underlying the initial vested portion of the grant of restricted stock units to the Reporting Person on September 19, 2022.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock following vesting.
F3 This transaction was executed in multiple trades at prices ranging from $0.02 to $0.0236; the price reported above reflects the volume-weighted average purchase price. The Reporting Person hereby undertakes to provide full information regarding the number of shares and prices at which these trades were effected upon request to the SEC staff, the Issuer or a security holder of the Issuer.
F4 The restricted stock units referenced in Column 9 were granted pursuant to the Issuer's Amended and Restated Omnibus Equity Incentive Plan dated October 15, 2018. Such restricted stock units will vest on the first anniversary of the date of grant, subject to the Reporting Person's continued service with the Issuer.

Remarks:

This is a late filing with respect to the transaction dated October 3, 2022 reported in Table II pursuant to the General Instructions of Form 4, a Form 4 relating to such transactions should have been filed within two (2) business days following the date of such transactions.