George Peter Archos - Dec 28, 2023 Form 4 Insider Report for Verano Holdings Corp. (VRNOF)

Role
Chief Executive Officer, Director
Signature
/s/ Kevan Fisher, Attorney-in-Fact
Stock symbol
VRNOF
Transactions as of
Dec 28, 2023
Transactions value $
$0
Form type
4
Date filed
12/29/2023, 04:15 PM
Previous filing
Dec 21, 2023
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNOF Class A Subordinate Voting Shares Other -20.4M -91.82% 1.82M Dec 28, 2023 By Copperstone Trust F1, F2
transaction VRNOF Class A Subordinate Voting Shares Other +204K 204K Dec 28, 2023 By E&P Archos Holdings, LLC F1, F2, F3
transaction VRNOF Class A Subordinate Voting Shares Other +204K 204K Dec 28, 2023 By E&P Archos Holdings II, LLC F1, F2, F3
holding VRNOF Class A Subordinate Voting Shares 14.3M Dec 28, 2023 Direct
holding VRNOF Class A Subordinate Voting Shares 4.42M Dec 28, 2023 By Archos Capital Group, LLC
holding VRNOF Class A Subordinate Voting Shares 10.2M Dec 28, 2023 By GP Management Group, LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 28, 2023, for estate planning and family investment purposes, Copperstone Trust ("Copperstone") transferred 10,204,082 Class A Subordinate Voting Shares of the Issuer (the "Shares") to E&P Archos Holdings, LLC and 10,204,082 Shares to E&P Archos Holdings II, LLC (together, the "LLCs").
F2 As a result of the transfers, the Reporting Person received a 2% membership interest in each of the LLCs and a note secured by security interests in membership interests of the LLCs.
F3 Due to the Reporting Person's 2% membership interest in the LLCs, the Reporting Person may be deemed to beneficially own the number of Shares detailed in Table I. This filing shall not be deemed an admission that such Reporting Person is, for purposes of section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of the equity securities reported in Table I owned by the LLCs. Mr. Archos expressly disclaims his beneficial ownership of the Shares reported in Table I owned by the LLCs.