Tatev Oganyan - Mar 22, 2024 Form 4 Insider Report for Planet 13 Holdings Inc. (PLNH)

Role
General Counsel
Signature
/s/ Tatev Oganyan
Stock symbol
PLNH
Transactions as of
Mar 22, 2024
Transactions value $
$0
Form type
4
Date filed
3/26/2024, 11:31 AM
Previous filing
Feb 20, 2024

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 PLNH Restricted Stock Units Award +300K 300K Mar 22, 2024 Common Stock 300K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of Restricted Stock Units ("RSU"). Each RSU represents the right to receive one share of Common Stock.
F2 Subject to continued service through each vesting date, the RSUs vest 1/3 on March 20, 2025, 1/3 on March 20, 2026, and 1/3 on March 20, 2027, with each tranche expiring on March 15, 2026, March 15, 2027, and March 15, 2028, respectively.
F3 The exercise price will be determined on the day prior to each vesting date.