David Spreckman - Aug 23, 2022 Form 4/A - Amendment Insider Report for Verano Holdings Corp. (VRNOF)

Role: Chief Marketing Officer
Signature: /s/ Kevan Fisher, Attorney-in-Fact
Stock symbol: VRNOF
Transactions as of: Aug 23, 2022
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 8/21/2023, 04:31 PM
Date Of Original Report: Aug 25, 2022
Previous filing: Aug 21, 2023
Next filing: Sep 1, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VRNOF	Class A Subordinate Voting Shares	Options Exercise	$0	+1.48K	+3.86%	$0.00	39.9K	Aug 23, 2022	Direct	F1, F4

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	Options Exercise	$0	-8.34	-0.01%	$0.00	61.3K	Aug 23, 2022	Class A Subordinate Voting Shares	834	$0.00	Direct	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction represents the settlement of vested restricted stock units into Class A Subordinate Voting Shares.
F2	The restricted stock units vest 1/3rd on each 6-month anniversary of the date of grant.
F3	Class A Subordinate Voting Shares may be issued in lieu of Class B Proportionate Voting Shares, on an as-converted basis of 100: 1, at the discretion of the compensation committee of the board of directors.
F4	This amendment is being filed to correctly report the reporting person's August 23, 2022 Form 4. The earlier filed August 23, 2023 Form 4 inadvertently (a) reported the acquisition of 833 Class A Subordinate Voting Shares upon settlement of 833 vested restricted stock units, (b) reported 625 unvested restricted stock units as vesting on August 23, 2023 and (c) misstated the reporting person's restricted stock units and Class A Subordinate Voting Shares following reported transactions.