Steven Matthew White - Oct 1, 2021 Form 4 Insider Report for HARVEST HEALTH & RECREATION INC. (HRVSF)

Role: Director & CEO
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, 07:58 PM
Next filing: Jan 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HRVSF	Multiple Voting Shares	Disposed to Issuer		-87.8K	-100%		0	Oct 1, 2021	By Slar Investments, LLC	F1
transaction	HRVSF	Multiple Voting Shares	Disposed to Issuer		-122K	-100%		0	Oct 1, 2021	By Razor Investments, LLC	F2
transaction	HRVSF	Super Voting Shares	Disposed to Issuer		-2M	-100%		0	Oct 1, 2021	By Razor Investments, LLC	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	Stock Options	Disposed to Issuer		-55.5K	-100%		0	Oct 1, 2021	Subordinate Voting Shares	55.5K	$10.59	Direct	F4, F5
transaction	HRVSF	Stock Options	Disposed to Issuer		-2.44M	-100%		0	Oct 1, 2021	Subordinate Voting Shares	2.44M	$9.54	Direct	F4, F6

* 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. and Trulieve Cannabis Corp. ("Trulieve") in exchange for 1,027,763 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 1,431,623 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 234,000 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	Exercise price is denominated and reported in Canadian dollars.
F5	The stock options were granted on November 14, 2018 and vest in four equal annual installments beginning on November 14, 2019. Adjusted pursuant to the Arrangement Agreement resulting in an option to receive 6,490 subordinate voting shares of Trulieve with an exercise price of CAD$90.52 per share.
F6	The stock options were granted on November 14, 2018 and vest in four equal annual installments beginning on November 14, 2019. Adjusted pursuant to the Arrangement Agreement resulting in an option to receive 286,009 subordinate voting shares of Trulieve with an exercise price of CAD$81.54 per share.