DEGIGLIO MICHAEL A - 01 Feb 2023 Form 4 Insider Report for Village Farms International, Inc. (VFF)

Role
Chief Executive Officer, Director
Signature
/s/Stephen C. Ruffini, Attorney-in-Fact
Issuer symbol
VFF
Transactions as of
01 Feb 2023
Net transactions value
$0
Form type
4
Filing time
08 Feb 2023, 15:27:16 UTC
Previous filing
13 Jan 2023
Next filing
04 Sep 2024
SEC
View on sec.gov

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 $0 +100,000 $0.000000 100,000 01 Feb 2023 Common shares 100,000 $1.08 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 February 1, 2023 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 100,000 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.