Thomas Jerome Lynch - Feb 14, 2021 Form 4 Insider Report for MedMen Enterprises, Inc. (MMNFF)

Role: CEO
Signature: /s/ Thomas Jerome Lynch
Stock symbol: MMNFF
Transactions as of: Feb 14, 2021
Transactions value $: $0
Form type: 4
Date filed: 10/5/2021, 07:34 PM
Previous filing: Oct 5, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MMNFF	Class B Subordinate Voting Shares	Award	$0	+1.26M	+257.95%	$0.00	1.75M	Feb 14, 2021	Direct	F1, F2
transaction	MMNFF	Class B Subordinate Voting Shares	Award	$0	+850K	+48.68%	$0.00	2.6M	Aug 29, 2021	Direct	F1, F3

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	+214K		$0.00	214K	Aug 29, 2021	Class B Subordinate Voting Shares	214K	$0.28	Direct	F1, F4

* 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 6/30/2021, with 37.5% of shares vesting on 6/30/2021 and 6/30/2023, and 12.5% of shares vesting on 6/30/2022 and 6/30/2024. 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	Represents 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.
F4	Such options have an exercise price of CAN$0.355, which is equivalent to US$0.2814 at an exchange rate of 1.2635.