Chris Wren - May 25, 2023 Form 4 Insider Report for Planet 13 Holdings Inc. (PLNHF)

Role: VP of Operations
Signature: /s/ Christopher Wren
Stock symbol: PLNHF
Transactions as of: May 25, 2023
Transactions value $: -$32,437
Form type: 4
Date filed: 5/26/2023, 02:41 PM
Previous filing: May 24, 2023
Next filing: Sep 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLNHF	Common Shares	Other	$0	-313K	-100%	$0.00^*	0	May 25, 2023	Direct	F1
transaction	PLNHF	Common Shares	Options Exercise	$87.7K	+157K	+75.9%	$0.56	363K	May 25, 2023	Direct
transaction	PLNHF	Common Shares	Tax liability	-$32.4K	-57.9K	-15.97%	$0.56	305K	May 25, 2023	Direct
holding	PLNHF	Common Shares						4.03M	May 25, 2023	By 4 Degrees Higher LLC

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	PLNHF	Restricted Share Units	Other	$0	+313K		$0.00	313K	May 25, 2023	Common Shares	313K		Direct	F1, F2, F3
transaction	PLNHF	Restricted Share Units	Options Exercise	-$87.7K	-157K	-50%	$0.56	157K	May 25, 2023	Common Shares	157K	$0.56	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Consists of Restricted Share Units ("RSU"). These RSUs were previously reported on Form 3, Table 1 as Common Shares with the vesting schedule provided in a footnote and are now being transferred from Table 1 to Table 2 on this Form 4 for ease of form preparation.
F2	Each RSU represents the right to receive one Common Share.
F3	The RSUs vest 1/2 on December 1, 2022 and 1/2 on December 1, 2023, subject to continued service through each vesting date.