John Patrick Henry - Jun 28, 2024 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
Jun 28, 2024
Transactions value $
$0
Form type
4
Date filed
7/2/2024, 06:21 PM
Previous filing
Apr 10, 2024

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 Restricted Stock Award +51K 51K Jun 28, 2024 Common Shares 51K Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock are performance-based grants of common shares ("Restricted Stock") of the Issuer made pursuant to Village Farms International, Inc.'s (the "Issuer") Share-Based Compensation Plan, as described in the Issuer's Annual Report on Form 10-K/A filed with the Securities and Exchange Commission on April 26, 2024 (the "Annual Report"). The Restriced Stock does not require payment of a conversion or exercise price.
F2 Each Restricted Stock represents the right to receive at settlement, one common share of the Issuer.
F3 The Restricted Stock will vest on June 28, 2025 subject to the terms and conditions of the underlying award agreements and the Issuer's Share-Based Compensation Plan.
F4 The Restricted Stock will expire upon the earlier of the Reporting Person's resignation from the Issuer and June 28, 2025.