John McLernon - Dec 29, 2022 Form 4 Insider Report for Village Farms International, Inc. (VFF)

Role
Director
Signature
/s/ Stephen C. Ruffini
Stock symbol
VFF
Transactions as of
Dec 29, 2022
Transactions value $
$0
Form type
4
Date filed
1/3/2023, 08:13 PM
Previous filing
Oct 24, 2022
Next filing
Jan 26, 2023

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 VFF Options Award +47.7K 47.7K Dec 29, 2022 Common Shares 47.7K $1.24 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Options were granted on December 29, 2022 and will vest over a three year period, with one-third (1/3) of the issued Options vesting on each of the first 3 anniversaries of the date of the grant. As of the date hereof, all 47,715 Options are unvested.
F2 The Options were granted to the Reporting Person pursuant to the Issuer's Share-Based Compensation Plan, as described in the Issuer's Annual Report on Form 10-K for the year ended December 31, 2021.