Timothy Morey - Feb 24, 2022 Form 4 Insider Report for Trulieve Cannabis Corp. (TCNNF)

Role
Chief Sales Officer
Signature
Erick Powers, Attorney-in-Fact
Stock symbol
TCNNF
Transactions as of
Feb 24, 2022
Transactions value $
$0
Form type
4
Date filed
2/28/2022, 07:56 PM
Previous filing
Oct 28, 2021
Next filing
May 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCNNF Subordinate Voting Shares Award $0 +17.5K $0.00 17.5K Feb 24, 2022 Direct F1

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 TCNNF Stock Option (Right to Buy) Award $0 +49.7K $0.00 49.7K Feb 24, 2022 Subordinate Voting Shares 49.7K $21.48 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one Trulieve Cannabis Corp. subordinate voting share. 50% of the RSUs will vest on December 1, 2023, and the remaining 50% of the RSUs will vest on December 1, 2024.
F2 The option becomes exercisable in three annual installments, with one-third vesting on December 1, 2022, one-third vesting on December 1, 2023, and one-third vesting on December 1, 2024.