John McLernon - Dec 29, 2023 Form 4 Insider Report for Village Farms International, Inc. (VFF)

Role
Director
Signature
/s/Stephen C. Ruffini, Attorney-in-Fact
Stock symbol
VFF
Transactions as of
Dec 29, 2023
Transactions value $
$10,934
Form type
4
Date filed
4/12/2024, 05:53 PM
Previous filing
Oct 26, 2023
Next filing
Jan 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VFF Common Shares Purchase $10.9K +14.2K +887.5% $0.77 15.8K Mar 15, 2024 See footnote F1, F2
holding VFF Common Shares 31K Dec 29, 2023 Direct
holding VFF Common Shares 23.5K Dec 29, 2023 See footnote F3
holding VFF Common Shares 500 Dec 29, 2023 See footnote F4
holding VFF Common Shares 30K Dec 29, 2023 See footnote F5
holding VFF Common Shares 14.3K Dec 29, 2023 See footnote F6

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 VFF Options Award +73.1K 73.1K Dec 29, 2023 Common Shares 73.1K $0.80 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The common shares were acquired in multiple transactions with prices ranging between USD$0.7776 - $0.7787, inclusive. The price above reflects the weighted average sale price.
F2 Held through a Tax Free Savings Account ("TFSA").
F3 Held through a Retirement Income Fund.
F4 Held through a TFSA for Mr. McLernon's spouse.
F5 Held through McLernon Holdings Ltd. Mr. McLernon and his spouse are the shareholders of McLernon Holdings Ltd. and may be deemed the beneficial owners of the common shares held by it.
F6 Held through spouse.
F7 The Options were granted on December 29, 2023 and will vest over a three year period, with one-third (1/3) of the issued Options vesting on each of the first 3 anniversaries of the date of the grant. As of the date hereof, all 73,119 Options are unvested.
F8 The Options were granted to the Reporting Person pursuant to the Issuer's Share-Based Compensation Plan, as described in the Issuer's 2023 Proxy Statement, filed with the Securities and Exchange Commission on May 1, 2023.