Victor E. Mancebo - 23 Aug 2024 Form 4 Insider Report for Vireo Growth Inc. (VREOF)

Role
Director
Signature
/s/ Nicole A. Edmonds, Attorney-in-Fact
Issuer symbol
VREOF
Transactions as of
23 Aug 2024
Net transactions value
$0
Form type
4
Filing time
25 Feb 2025, 16:04:28 UTC
Previous filing
21 Dec 2022
Next filing
22 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 VREOF Stock options (right to buy) Award $0 +499,559 $0.000000 499,559 23 Aug 2024 Subordinate voting shares 499,559 $0.4700 Direct F1
transaction VREOF Restricted stock units Award $0 +418,696 $0.000000 418,696 23 Aug 2024 Subordinate voting shares 418,696 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options vest immediately as to 434,943 subordinate voting shares and on 8/22/2025 as to 64,616 subordinate voting shares.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one subordinate voting share.
F3 364,583 RSUs vested immediately and 54,113 RSUs vest on 8/22/2025. Vested RSUs settle in cash or shares on (a) the third anniversary of the grant date; (b) on the death or permanent disability of the reporting person; (c) upon a change in control of the company; or (d) 18 months after the separation of service of the reporting person with or without cause.