Michael Jay Lane - 29 Aug 2021 Form 4 Insider Report for MedMen Enterprises, Inc.

Role: CIO
Signature: /s/ Michael Jay Lane
Issuer symbol: N/A
Transactions as of: 29 Aug 2021
Net transactions value: $0
Form type: 4
Filing time: 05 Oct 2021, 19:25:06 UTC
Previous filing: 05 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MMNFF	Class B Subordinate Voting Shares	Award	$0	+781,809	+57%	$0.000000	2,154,816	29 Aug 2021	Direct	F1, F2

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	MMNFF	Employee Stock Options (right to buy)	Award	$0	+196,851		$0.000000	196,851	29 Aug 2021	Class B Subordinate Voting Shares	196,851	$0.2814	Direct	F1, F3

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

Explanation of Responses:

Id	Content
F1	Issued pursuant to Issuer's 2018 Stock Incentive Plan.
F2	Represents restricted stock units ("RSUs"), which vest annually over four years beginning 6/30/2022, with 37.5% of shares vesting on 6/30/2022 and 6/30/2024, and 12.5% of shares vesting on 6/30/2023 and 6/30/2025. RSUs are equivalent to Issuer's Class B Subordinate Voting Shares and may be settled solely by delivery of an equal number of such shares of Issuer.
F3	Such options have an exercise price of CAN$0.355, which is US$0.2814 at an exchange rate of 1.2635.