Nichole Lee Upshaw - 01 Dec 2022 Form 3 Insider Report for Jushi Holdings Inc. (JUSHF)

Role: Chief People Officer
Signature: /s/ Nichole Lee Upshaw
Issuer symbol: JUSHF
Transactions as of: 01 Dec 2022
Net transactions value: $0
Form type: 3
Filing time: 12 Dec 2022, 16:03:41 UTC
Next filing: 19 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	JUSHF	Subordinate Voting Shares						125,448	01 Dec 2022	Direct	F1

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
holding	JUSHF	Stock Option (right to buy)							01 Dec 2022	Subordinate Voting Shares	50,000	$1.80	Direct
holding	JUSHF	Stock Option (right to buy)							01 Dec 2022	Subordinate Voting Shares	600,000	$3.91	Direct	F2
holding	JUSHF	Stock Option (right to buy)							01 Dec 2022	Subordinate Voting Shares	320,000	$1.93	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	30,865 of the Subordinate Voting Shares are restricted and vest on Sept. 22, 2023.
F2	500,000 of this Option will vest as to 20% of the total number of Shares subject to the Option on each yearly anniversary after the Vesting Commencement Date (5/1/2021), subject to continuous service. 100,000 of this Option will vest as to 33 1/3% of the total number of Shares subject to the Option on each yearly anniversary after the Vesting Commencement Date (5/1/2021), subject to continuous service.
F3	This Option will vest as to 33 1/3% of the total number of Shares subject to the Option on each yearly anniversary after the Vesting Commencement Date (5/1/2022), subject to continuous service.