Robert R. Galvin - 10 Oct 2023 Form 4 Insider Report for iANTHUS CAPITAL HOLDINGS, INC. (ITHUF)

Role
COO
Signature
Robert R. Galvin
Issuer symbol
ITHUF
Transactions as of
10 Oct 2023
Net transactions value
-$90,354
Form type
4
Filing time
13 Oct 2023, 14:58:08 UTC
Previous filing
31 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 +11,816,034 +70% 28,676,094 10 Oct 2023 Direct F1, F2
transaction ITHUF Common Stock Disposed to Issuer $90,354 -3,703,032 -13% $0.0244 24,973,062 10 Oct 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 -11,816,034 -100% $0.000000* 0 10 Oct 2023 Common Stock 11,816,034 Direct F2, F4
holding ITHUF Option (right to buy) 3,938,678 10 Oct 2023 Common Stock 3,938,678 $0.0510 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Robert R. Galvin is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents the issuance of the shares underlying the remaining vested portion of the grant of the restricted stock units to the reporting person on July 26, 2022.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock following vesting.
F3 Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 11,816,034 restricted stock units granted to the Reporting Person on July 26, 2022.
F4 The restricted stock units were granted pursuant to the Issuer's Amended and Restated Omnibus Equity Incentive Plan, dated October 15, 2018 (the "Plan").
F5 The options were granted pursuant to the Plan. Upon the reporting person's separation on October 11, 2023, the vesting schedule for all unvested options accelerated. Accordingly, as of October 11, 2023, all options are vested and exercisable.