Scott Cohen - Dec 22, 2021 Form 3 Insider Report for Greenrose Holding Co Inc. (GNRS)

Role
Chief Financial Officer
Signature
/s/ Scott Cohen
Stock symbol
GNRS
Transactions as of
Dec 22, 2021
Transactions value $
$0
Form type
3
Date filed
2/23/2022, 02:38 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 GNRS Private Warrant Dec 22, 2021 Common Stock 10K By Greenrose Associates LLC F1, F2, F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Greenrose Associates LLC (the "Sponsor"), of which the reporting person is a not member, issued Class C Units which were convertible to Private Warrants. The Reporting Person elected to receive Private Warrant. The Private Warrant is non-redeemable.
F2 The Private Warrant became exercisable on December 30, 2021, which is the later of 30 days after completion of the Issuer's initial combination (November 26, 2021) or February 10, 2021.
F3 The Private Warrant will expire five years after the completion of the Issuer's initial business combination, or November 26, 2026.
F4 Consists of: 10,000 shares of common stock underlying the Private Warrants.
F5 The Private Warrant entitles the Reporting Person to purchase up to 10,000 shares of common stock of The Greenrose Holding Company Inc. at a price of $11.50 per share, subject to adjustment.
F6 The Reporting Person is not a member of the Sponsor and does not have voting or investment control of the Sponsor. The Reporting Person disclaims ownership of the securities held by the Sponsor.