George Peter Archos - Dec 14, 2023 Form 4 Insider Report for Verano Holdings Corp. (VRNOF)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ George Peter Archos
Stock symbol
VRNOF
Transactions as of
Dec 14, 2023
Transactions value $
$0
Form type
4
Date filed
12/18/2023, 07:56 PM
Previous filing
Aug 25, 2023
Next filing
Dec 21, 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 +35.2K +0.25% $0.00 14.3M Dec 14, 2023 Direct F1
holding VRNOF Class A Subordinate Voting Shares 4.42M Dec 14, 2023 By Archos Capital Group, LLC
holding VRNOF Class A Subordinate Voting Shares 22.2M Dec 14, 2023 By Copperstone Trust
holding VRNOF Class A Subordinate Voting Shares 10.2M Dec 14, 2023 By GP Management Group, LLC

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 -35.2K -6.95% $0.00 472K Dec 14, 2023 Class A Subordinate Voting Shares 35.2K $0.00 Direct F1, 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 disposed in this transaction were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 23, 2022. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share.
F3 The restricted stock units vested 41.5% on the 12-month anniversary of June 1, 2022, and 19.5% on each of the following three six-month anniversaries thereafter.
F4 Represents the total restricted stock units held by the reporting person following this transaction.