Surindra Kaur Mann - Jan 1, 2024 Form 3 Insider Report for Greenbrook TMS Inc. (GBNH)

Role
Director
Signature
/s/William Leonard, Attorney-in-Fact
Stock symbol
GBNH
Transactions as of
Jan 1, 2024
Transactions value $
$0
Form type
3
Date filed
1/2/2024, 04:24 PM

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
holding GBNH Deferred Share Units Jan 1, 2024 Common Shares 24.4K $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These deferred share units ("DSUs") were granted on December 15, 2023 pursuant to the DSU Plan for non-employee directors, as described in the Company's 2022 Meeting Information Circular, filed with the Securities and Exchange Commission on May 23, 2023. The DSUs immediately vest upon grant, but holders thereof are not entitled to receive a payment in respect of the value of their DSUs until their tenure on the board of directors ceases.
F2 The DSUs do not expire.
F3 Ms. Mann will receive a payment in cash at the fair market value of the common shares represented by his or her DSUs generally within ten days of the director's elected redemption date. Each director's elected redemption date will not be earlier than the date the director ceases to hold all positions with the Company and will not be later than December 31 of the year following the year in which the director ceases to hold all positions with the Company.