John R. McLernon - 31 Dec 2024 Form 4 Insider Report for Village Farms International, Inc. (VFF)

Role
Director
Signature
/s/Stephen C. Ruffini, Attorney-in-Fact
Issuer symbol
VFF
Transactions as of
31 Dec 2024
Net transactions value
$0
Form type
4
Filing time
03 Jan 2025, 16:05:16 UTC
Previous filing
25 Oct 2024
Next filing
27 Jan 2025
SEC
View on sec.gov

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 +65,790 65,790 31 Dec 2024 Common Shares 65,790 Direct F1, F2, F3
* 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 Village Farms International, Inc ("Issuer") made pursuant to the Issuer's 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 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 December 31, 2025, unless the Reporting Person resigns (or is not reelected) before December 31, 2025, subject to the terms and conditions of the underlying award agreements and the Issuer's Share Based Compensation Plan.