Edward Aloysious McDermott III - Sep 1, 2023 Form 4 Insider Report for Verano Holdings Corp. (VRNOF)

Role
Chief Operating Officer
Signature
/s/ Laura Marie Kalesnik, Attorney-in-Fact
Stock symbol
VRNOF
Transactions as of
Sep 1, 2023
Transactions value $
$0
Form type
4
Date filed
9/5/2023, 05:00 PM
Previous filing
Jun 28, 2023
Next filing
Dec 18, 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 +97.2K +43.26% $0.00 322K Sep 1, 2023 Class A Subordinate Voting Shares 97.2K $0.00 Direct F1, F2
* 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 September 1, 2023. Each restricted stock unit represents a contingent right to receive one Class A Subordinate Voting Share.
F2 The restricted stock units vest 25% on June 1, 2024 and thereafter 25% on each six-month anniversary of June 1, 2024.