Benjamin Kovler - Nov 8, 2024 Form 4 Insider Report for Green Thumb Industries Inc. (GTII/GTBIF)

Role: CHAIRMAN & CEO, Director, 10%+ Owner
Signature: /s/ Kathryn A. Lloyd, Attorney-in-Fact
Stock symbol: GTII/GTBIF
Transactions as of: Nov 8, 2024
Transactions value $: -$8,116
Form type: 4
Date filed: 11/12/2024, 04:12 PM
Previous filing: Nov 15, 2024
Next filing: Nov 21, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GTII/GTBIF	Subordinate Voting Shares	Sale	-$8.69K	-938	-100%	$9.26	0	Nov 8, 2024	KP Capital, LLC	F1
transaction	GTII/GTBIF	Subordinate Voting Shares	Exercise of in-the-money or at-the-money derivative security	$571	+66		$8.65	66	Nov 8, 2024	KP Capital, LLC	F1
holding	GTII/GTBIF	Subordinate Voting Shares						894K	Nov 8, 2024	Direct
holding	GTII/GTBIF	Subordinate Voting Shares						158K	Nov 8, 2024	By Outsiders Capital LLC
holding	GTII/GTBIF	Super Voting Shares						80.6K	Nov 8, 2024	By Outsiders Capital LLC
holding	GTII/GTBIF	Super Voting Shares						5K	Nov 8, 2024	By BK 2021 Descendant Trust
holding	GTII/GTBIF	Super Voting Shares						57.6K	Nov 8, 2024	Direct

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	GTII/GTBIF	Warrants (Right to Buy)	Exercise of in-the-money or at-the-money derivative security	$0	-1K	-100%	$0.00	0	Nov 8, 2024	Subordinate Voting Shares	1K	$8.65	By KP Capital LLC	F1

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

Explanation of Responses:

Id	Content
F1	On November 8, 2024, the reporting person exercised warrants to purchase 1,004 Subordinate Voting Shares of the Issuer for $8.6538 per share (CAN$12.0384). The reporting person paid the exercise price on a cashless basis, resulting in the Issuer withholding 938 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 66 shares.