Eric Powers - 24 Feb 2022 Form 4 Insider Report for Trulieve Cannabis Corp. (TCNNF)

Role
GC and Corporate Secretary
Signature
Eric Powers
Issuer symbol
TCNNF
Transactions as of
24 Feb 2022
Net transactions value
$0
Form type
4
Filing time
28 Feb 2022, 19:57:14 UTC
Previous filing
05 Oct 2021
Next filing
25 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCNNF Subordinate Voting Shares Award $0 +17,458 $0.000000 17,458 24 Feb 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 Options (Right to Buy) Award $0 +49,719 $0.000000 49,719 24 Feb 2022 Subordinate Voting Shares 49,719 $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.