Richard C. Tarapchak - Oct 5, 2022 Form 4 Insider Report for Verano Holdings Corp. (VRNOF)

Role
Corporate Controller
Signature
Jacob M. Phillips, Attorney-in-Fact
Stock symbol
VRNOF
Transactions as of
Oct 5, 2022
Transactions value $
$0
Form type
4
Date filed
10/6/2022, 10:00 AM
Previous filing
Aug 8, 2022
Next filing
Mar 29, 2023

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 +32.6K $0.00 32.6K Oct 5, 2022 Class A Subordinate Voting Shares 32.6K $0.00 Direct F1, F2
transaction VRNOF Restricted Stock Units Award $0 +80.8K +247.5% $0.00 113K Oct 5, 2022 Class A Subordinate Voting Shares 80.8K $0.00 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.