Eric Powers - 25 Jul 2023 Form 4 Insider Report for Trulieve Cannabis Corp. (TCNNF)

Role: Chief Legal Officer
Signature: /s/ Eric Powers
Issuer symbol: TCNNF
Transactions as of: 25 Jul 2023
Net transactions value: $0
Form type: 4
Filing time: 27 Jul 2023, 21:59:15 UTC
Previous filing: 03 Jan 2023
Next filing: 16 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TCNNF	Subordinate Voting Shares	Award	$0	+57,515	+183%	$0.000000	88,925	25 Jul 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	+127,986		$0.000000	127,986	25 Jul 2023	Subordinate Voting Shares	127,986	$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.