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

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ George Peter Archos
Issuer symbol: VRNOF
Transactions as of: 14 Dec 2023
Net transactions value: $0
Form type: 4
Filing time: 18 Dec 2023, 19:56:19 UTC
Previous filing: 25 Aug 2023
Next filing: 21 Dec 2023
SEC: View on sec.gov

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	+35,214	+0.25%	$0.000000	14,289,580	14 Dec 2023	Direct	F1
holding	VRNOF	Class A Subordinate Voting Shares						4,420,790	14 Dec 2023	By Archos Capital Group, LLC
holding	VRNOF	Class A Subordinate Voting Shares						22,225,852	14 Dec 2023	By Copperstone Trust
holding	VRNOF	Class A Subordinate Voting Shares						10,154,606	14 Dec 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	-35,214	-6.9%	$0.000000	471,545	14 Dec 2023	Class A Subordinate Voting Shares	35,214	$0.000000	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.