Michael Scott Atkison - Oct 1, 2021 Form 4 Insider Report for HARVEST HEALTH & RECREATION INC. (HRVSF)

Role
Director
Signature
/s/ Allison McBride, Attorney-in-fact
Stock symbol
HRVSF
Transactions as of
Oct 1, 2021
Transactions value $
$0
Form type
4
Date filed
10/5/2021, 07:48 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HRVSF Multiple Voting Shares Disposed to Issuer -7.15K -100% 0 Oct 1, 2021 By Bennet Asset Management F1
transaction HRVSF Multiple Voting Shares Disposed to Issuer -2.76K -100% 0 Oct 1, 2021 Direct F2
transaction HRVSF Subordinate Voting Shares Disposed to Issuer -59K -100% 0 Oct 1, 2021 Direct F3

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 HRVSF Restricted Stock Units Disposed to Issuer -46.3K -100% 0 Oct 1, 2021 Subordinate Voting Shares 46.3K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposed of pursuant to the Arrangement Agreement, dated as of May 10, 2021 (the "Arrangement Agreement"), between Harvest Health and Recreation Inc. ("Harvest") and Trulieve Cannabis Corp. ("Trulieve") in exchange for 83,608 subordinate voting shares of Trulieve having a market value of CAD$35.20 per share on the effective date of the arrangement transaction, which market value represents the closing price of the Trulieve shares as of the close of trading on the Canadian Stock Exchange as of such effective date.
F2 Disposed of pursuant to the Arrangement Agreement in exchange for 32,256 subordinate voting shares of Trulieve having a market value of CAD$35.20 per share on the effective date of the arrangement transaction, which market value represents the closing price of the Trulieve shares as of the close of trading on the Canadian Stock Exchange as of such effective date.
F3 Disposed of pursuant to the Arrangement Agreement in exchange for 6,904 subordinate voting shares of Trulieve having a market value of CAD$35.20 per share on the effective date of the arrangement transaction, which market value represents the closing price of the Trulieve shares as of the close of trading on the Canadian Stock Exchange as of such effective date.
F4 By their terms, the Restricted Stock Units were scheduled to vest 100% on 12/31/2021. Each Restricted Stock Unit represents a contingent right to receive one subordinate voting share of Harvest. Adjusted pursuant to the Arrangement Agreement resulting in a contingent right to receive 4,066 subordinate voting shares of Trulieve having a market value of CAD$35.20 per share on the effective date of the arrangement transaction, which market value represents the closing price of the Trulieve shares as of the close of trading on the Canadian Stock Exchange as of such effective date.