Philippe Faraut - 05 Jan 2024 Form 4 Insider Report for iANTHUS CAPITAL HOLDINGS, INC. (ITHUF)

Role
Chief Financial Officer
Signature
Philippe Faraut
Issuer symbol
ITHUF
Transactions as of
05 Jan 2024
Net transactions value
-$286,660
Form type
4
Filing time
12 Jan 2024, 18:59:05 UTC
Previous filing
17 Nov 2023
Next filing
31 Dec 2024
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 +2,439,024 2,439,024 05 Jan 2024 Direct F1, F2
transaction ITHUF Common Stock Disposed to Issuer $286,660 -999,512 -41% $0.2868* 1,439,512 05 Jan 2024 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 -2,439,024 -6.6% $0.000000 34,739,974 05 Jan 2024 Common Stock 2,439,024 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 remaining vested portion of the grant of the restricted stock units to the reporting person on November 22, 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 2,439,024 restricted stock units granted to the Reporting Person on January 5, 2024.
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"). Subject to accelerated vesting in certain circumstances, the restricted stock units are scheduled to vest in three (3) equal annual installments on the first (3) anniversaries 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 transactions 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.