Ryan Blust - Jul 25, 2023 Form 4 Insider Report for Trulieve Cannabis Corp. (TCNNF)

Role
Chief Financial Officer
Signature
Eric Powers, Attorney-in-Fact
Stock symbol
TCNNF
Transactions as of
Jul 25, 2023
Transactions value $
$0
Form type
4
Date filed
7/27/2023, 09:47 PM
Previous filing
Jul 21, 2023
Next filing
Jan 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCNNF Subordinate Voting Shares Award $0 +25.4K +153.03% $0.00 41.9K Jul 25, 2023 Direct F1

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 TCNNF Stock Option (Right to Buy) Award $0 +56.4K $0.00 56.4K Jul 25, 2023 Subordinate Voting Shares 56.4K $6.52 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one Trulieve Cannabis Corp. subordinate voting share. 50% of the RSUs will vest on December 1, 2024, and the remaining 50% of the RSUs will vest on December 1, 2025.
F2 The option becomes exercisable in three annual installments, with one-third vesting on December 1, 2023, one-third vesting on December 1, 2024, and one-third vesting on December 1, 2025.