James Cacioppo - 27 Jun 2023 Form 4 Insider Report for Jushi Holdings Inc. (JUSHF)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Louis Jon Barack, attorney-in-fact
Issuer symbol
JUSHF
Transactions as of
27 Jun 2023
Net transactions value
$0
Form type
4
Filing time
30 Jun 2023, 16:28:01 UTC
Previous filing
15 Dec 2022
Next filing
01 Sep 2023
SEC
View on sec.gov

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 JUSHF Warrant (right to buy) Disposed to Issuer -719,080 -2.2% 31,395,000 27 Jun 2023 Subordinate Voting Shares 719,080 $2.09 Serpentine Capital Management II, LLC F1
transaction JUSHF Warrant (right to buy) Award +719,080 +2.3% 32,114,080 27 Jun 2023 Subordinate Voting Shares 719,080 $1.00 Serpentine Capital Management II, LLC F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The two transactions reported in Table II above involved the amendment of an outstanding warrant to reduce the exercise price from $2.086 a share to $1.00 a share. The amendment is reported above as the cancellation of the old warrant and the acquisition of a new one.