Richard C. Tarapchak - 05 Oct 2022 Form 4 Insider Report for Verano Holdings Corp. (VRNOF)

Role
Corporate Controller
Signature
Jacob M. Phillips, Attorney-in-Fact
Issuer symbol
VRNOF
Transactions as of
05 Oct 2022
Net transactions value
$0
Form type
4
Filing time
06 Oct 2022, 10:00:17 UTC
Previous filing
08 Aug 2022
Next filing
29 Mar 2023
SEC
View on sec.gov

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 VRNOF Restricted Stock Units Award $0 +32,626 $0.000000 32,626 05 Oct 2022 Class A Subordinate Voting Shares 32,626 $0.000000 Direct F1, F2
transaction VRNOF Restricted Stock Units Award $0 +80,750 +248% $0.000000 113,376 05 Oct 2022 Class A Subordinate Voting Shares 80,750 $0.000000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on October 5, 2022. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share.
F2 The restricted stock units vest 50% on each of the 12- and 24-month anniversaries of July 11, 2022.
F3 The restricted stock units vest 25% on each of the 12-, 18-, 24- and 30-month anniversaries of July 11, 2022.