David Spreckman - Sep 1, 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: Sep 1, 2022
Transactions value $: -$1,591
Form type: 4/A - Amendment
Date filed: 8/21/2023, 04:32 PM
Date Of Original Report: Sep 6, 2022
Previous filing: Sep 1, 2022
Next filing: Mar 9, 2023

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	+834	+2.12%	$0.00	40.1K	Sep 1, 2022	Direct	F1, F5
transaction	VRNOF	Class A Subordinate Voting Shares	Sale	-$1.59K	-246	-0.61%	$6.47	39.9K	Sep 6, 2022	Direct	F2, F5

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	-100%	$0.00^*	0	Sep 1, 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	Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of restricted stock units. This sale was required by the Issuer pursuant to the Issuer's Stock and Incentive Plan and does not represent a discretionary transaction.
F3	The restricted stock units vest 1/3rd on each 6-month anniversary of the date of grant.
F4	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.
F5	This amendment is being filed to correctly report the reporting person's September 6, 2022 Form 4 in its entirety. The earlier filed September 6, 2023 Form 4 inadvertently did not add the 834 Class A Subordinate Voting Shares acquired into the total ownership of Class A Subordinate Voting Shares following the reported transactions.