J. Michael Schroeder - 15 Mar 2022 Form 4 Insider Report for Goodness Growth Holdings, Inc. (VREOF)

Role: GENERAL COUNSEL & CCO
Signature: /s/ J. Michael Schroeder
Issuer symbol: VREOF
Transactions as of: 15 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 18 Mar 2022, 17:36:57 UTC
Next filing: 21 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GDNSF	Restricted Stock Units	Award	$0	+99,511		$0.000000	99,511	15 Mar 2022	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	GDNSF	Stock Options	Award	$0	+239,907		$0.000000	239,907	15 Mar 2022	Subordinate Voting Shares	239,907	$1.77	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted Stock Units vest in three equal annual installments beginning on March 31, 2023; each vested tranche becomes Subordinated Voting Shares.
F2	Options vest as follows: 25% on March 31, 2023, 6.25% on June 30, 2023 and the last day of each calendar quarter thereafter until 100% are vested.