Philippe Faraut - Aug 31, 2023 Form 4 Insider Report for iANTHUS CAPITAL HOLDINGS, INC. (ITHUF)

Role: Chief Financial Officer
Signature: Philippe Faraut
Stock symbol: ITHUF
Transactions as of: Aug 31, 2023
Transactions value $: $0
Form type: 4
Date filed: 9/5/2023, 05:04 PM
Previous filing: May 18, 2023
Next filing: Nov 17, 2023

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	+8.98M	+57.22%	$0.00	24.7M	Aug 31, 2023	Common Shares	8.98M		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 referenced in Column 9 were granted pursuant to the Issuer's Amended and Restated Omnibus Incentive Plan dated October 15, 2018 (the "Plan"). Subject to accelerated vesting in certain circumstances, the restricted stock units are scheduled to vest in three (3) equal annual installments on the first three (3) anniversaries of the date of the grant, subject to the reporting person's continued service with the Issuer. 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 referenced in Column 9 were granted pursuant to the Issuer's Amended and Restated Omnibus Incentive Plan dated October 15, 2018 (the "Plan"). Subject to accelerated vesting in certain circumstances, the restricted stock units are scheduled to vest in three (3) equal annual installments on the first three (3) anniversaries of the date of the grant, subject to the reporting person's continued service with the Issuer. 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.