Richard Michael Smullen - 01 Jun 2023 Form 4 Insider Report for Verano Holdings Corp. (VRNOF)

Role
Director
Signature
Jacob M. Phillips, Attorney-in-Fact
Issuer symbol
VRNOF
Transactions as of
01 Jun 2023
Net transactions value
$0
Form type
4
Filing time
05 Jun 2023, 14:59:40 UTC
Previous filing
06 Mar 2023
SEC
View on sec.gov

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 VRNOF Restricted Stock Units Award $0 +85,911 $0.000000 85,911 01 Jun 2023 Class A Subordinate Voting Shares 85,911 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2023. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share.
F2 The restricted stock units vest 25% on each of the 12-, 18-, 24- and 30-month anniversaries of the date of grant.