Tyson Rossi - Jan 10, 2022 Form 3 Insider Report for MedMen Enterprises, Inc. (MMNFF)

Role
Ch. Strategy Officer
Signature
/s/ Tyson Rossi
Stock symbol
MMNFF
Transactions as of
Jan 10, 2022
Transactions value $
$0
Form type
3
Date filed
1/26/2022, 06:08 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MMNFF Class B Subordinate Voting Shares 13.3K Jan 10, 2022 Direct F1
holding MMNFF Class B Subordinate Voting Shares 263K Jan 10, 2022 Direct 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
holding MMNFF Employee Stock Options (right to buy) Jan 10, 2022 Class B Subordinate Voting Shares 10K $1.99 Direct F3, F4
holding MMNFF Employee Stock Options (right to buy) Jan 10, 2022 Class B Subordinate Voting Shares 4.53K $0.17 Direct F3, F5
holding MMNFF Employee Stock Options (right to buy) Jan 10, 2022 Class B Subordinate Voting Shares 66.2K $0.28 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs"), granted 9/9/2020 pursuant to Issuer's 2018 Stock and Incentive Plan (the "Incentive Plan"), which vest annually over four years with 37.5% vesting on 6/30/2021 and 6/30/2023, and 12.5% vesting on 6/30/2022 and 6/30/24. RSUs are equivalent to Issuer's Class B Subordinate Voting Shares and may be settled solely by delivery of an equal number of Shares.
F2 Represents RSUs granted 8/29/2021 pursuant to the Incentive Plan, which vest annually over four years with 37.5% vesting on 6/30/2022 and 6/30/2024, and 12.5% vesting on 6/30/2023 and 6/30/25. RSUs are equivalent to Issuer's Class B Subordinate Voting Shares and may be settled solely by delivery of an equal number of Shares.
F3 Employee stock options (right to buy) ("Options") granted pursuant to the Incentive Plan.
F4 Options have an exercise price of CAN$2.64, which is equivalent to US$1.9858 at an exchange rate of 0.7522 as of the grant date.
F5 Options have an exercise price of CAN$0.22, which is equivalent to US$0.1670 at an exchange rate of 0.7591 as of the grant date.
F6 Options have an exercise price of CAN$0.355, which is equivalent to US$0.2814 at an exchange rate of 0.7925 as of the grant date.