Stephen C. Ruffini - Feb 1, 2023 Form 4 Insider Report for Village Farms International, Inc. (VFF)

Role
Chief Financial Officer, Director
Signature
/s/ Stephen C. Ruffini
Stock symbol
VFF
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
4
Date filed
2/8/2023, 03:28 PM
Previous filing
Jan 17, 2023
Next filing
May 14, 2024

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 +100K $0.00 100K Feb 1, 2023 Common Shares 100K $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.