Timothy Morey - Mar 8, 2024 Form 4 Insider Report for Trulieve Cannabis Corp. (TRUL)

Signature
/s/ Eric Powers, as Attorney-in-Fact
Stock symbol
TRUL
Transactions as of
Mar 8, 2024
Transactions value $
$0
Form type
4
Date filed
3/12/2024, 08:46 PM
Previous filing
Jan 16, 2024
Next filing
Dec 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUL Subordinate Voting Shares Award $0 +33K +41.11% $0.00 113K Mar 8, 2024 Direct F1

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 TRUL Stock Option (Right to Buy) Award $0 +59.8K $0.00 59.8K Mar 8, 2024 Subordinate Voting Shares 59.8K $10.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one Trulieve Cannabis Corp. subordinate voting share. 50% of the RSUs will vest on December 1, 2025, and the remaining 50% of the RSUs will vest on December 1, 2026.
F2 The option becomes exercisable in three annual installments, with one-third vesting on December 1, 2024, one-third vesting on December 1, 2025, and one-third vesting on December 1, 2026.