Carl J. Williams - 06 Feb 2023 Form 4 Insider Report for TREES Corp (Colorado) (CANN)

Role: Director
Signature: /s/ Carl J Williams
Issuer symbol: CANN
Transactions as of: 06 Feb 2023
Net transactions value: $0
Form type: 4
Filing time: 07 Feb 2023, 15:06:02 UTC
Previous filing: 01 Jul 2022
Next filing: 12 Apr 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CANN	Common Stock	Award	$0	+152,983		$0.000000	152,983	06 Feb 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Constitutes restricted stock units ("RSUs" for which the Reporting Person is entitled to receive one (1) share of Common Stock of the Issuer for each RSU upon vesting. Vesting occurs upon the earlier of (i) seven (7) years from grant date, contingent upon Reporting Person continuing as a service provider through each such date; (ii) death or disability of reporting person; (iii) a change in control of the Issuer; or (iv) certain other events as determined by the Board.
F2	The reporting person obtained the securities from the Issuer pursuant to the Issuer's 2020 Omnibus Incentive Plan.

Content

Constitutes restricted stock units ("RSUs" for which the Reporting Person is entitled to receive one (1) share of Common Stock of the Issuer for each RSU upon vesting. Vesting occurs upon the earlier of (i) seven (7) years from grant date, contingent upon Reporting Person continuing as a service provider through each such date; (ii) death or disability of reporting person; (iii) a change in control of the Issuer; or (iv) certain other events as determined by the Board.

The reporting person obtained the securities from the Issuer pursuant to the Issuer's 2020 Omnibus Incentive Plan.