Tobi Lebowitz - Nov 17, 2023 Form 4 Insider Report for Jushi Holdings Inc. (JUSH/JUSHF)

Role
Chief Legal Officer and Sec.
Signature
/s/ Tobi Lebowitz
Stock symbol
JUSH/JUSHF
Transactions as of
Nov 17, 2023
Transactions value $
$0
Form type
4
Date filed
11/21/2023, 03:37 PM
Previous filing
May 19, 2023
Next filing
Dec 19, 2023

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 JUSH/JUSHF Stock Option (right to buy) Disposed to Issuer -300K -22.14% 1.06M Nov 17, 2023 Subordinate Voting Shares 300K $3.91 Direct F1, F2
transaction JUSH/JUSHF Stock Option (right to buy) Disposed to Issuer -165K -15.64% 890K Nov 17, 2023 Subordinate Voting Shares 165K $3.91 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Option provided for vesting 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.
F2 On November 17, 2023, the issuer canceled, pursuant to the issuer's option regrant program, an option for 300,000 shares of the issuer's Subordinate Voting Shares granted to the reporting person. In exchange, the reporting person will receive a replacement option for 300,000 shares on or about December 17, 2023.
F3 This Option provided for vesting 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.
F4 On November 17, 2023, the issuer canceled, pursuant to the issuer's option regrant program, an option for 165,000 shares of the issuer's Subordinate Voting Shares granted to the reporting person. In exchange, the reporting person will receive a replacement option for 165,000 shares on or about December 17, 2023.