Amit Pandey - Jul 24, 2023 Form 4 Insider Report for MedMen Enterprises, Inc. (MMNFF)

Role
CFO
Signature
/s/ Amit Pandey
Stock symbol
MMNFF
Transactions as of
Jul 24, 2023
Transactions value $
$300,000
Form type
4
Date filed
7/25/2023, 04:33 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMNFF Class B Subordinate Voting Shares Award $300K +13.2M $0.02 13.2M Jul 24, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") granted pursuant to Issuer's 2018 Stock and Incentive Plan in accordance with Reporting Person's Employment Letter dated July 1, 2023. The RSUs vest annually in equal installments over three years on the anniversary of the grant date.
F2 The RSUs are Class B Subordinated Voting Shares equivalents and represent a contingent right to receive such shares of Issuer upon vesting.