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

Role
VP of Sales & Marketing
Signature
/s/ David Farris
Stock symbol
PLNHF
Transactions as of
May 25, 2023
Transactions value $
-$11,222
Form type
4
Date filed
5/26/2023, 03:39 PM
Previous filing
Jan 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLNHF Common Shares Other $0 -125K -100% $0.00* 0 May 25, 2023 Direct F1
transaction PLNHF Common Shares Options Exercise $35.1K +62.6K +59.04% $0.56 169K May 25, 2023 Direct
transaction PLNHF Common Shares Tax liability -$11.2K -20K -11.88% $0.56 149K May 25, 2023 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 PLNHF Restricted Share Units Other $0 +125K $0.00 125K May 25, 2023 Common Shares 125K Direct F1, F2, F3
transaction PLNHF Restricted Share Units Options Exercise -$35.1K -62.6K -50% $0.56 62.6K May 25, 2023 Common Shares 62.6K $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.