John R. McLernon - 14 Feb 2023 Form 4 Insider Report for Village Farms International, Inc. (VFF)

Role
Director
Signature
/s/Stephen C. Ruffini, Attorney-in-Fact
Issuer symbol
VFF
Transactions as of
14 Feb 2023
Net transactions value
$0
Form type
4
Filing time
15 Feb 2023, 15:04:33 UTC
Previous filing
31 Jan 2023
Next filing
26 Apr 2023
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 +28,109 $0.000000 28,109 14 Feb 2023 Common Shares 28,109 $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 14, 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 28,109 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.