James Cacioppo - 17 Nov 2023 Form 4/A - Amendment Insider Report for Jushi Holdings Inc. (JUSHF)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ James Cacioppo
Issuer symbol
JUSHF
Transactions as of
17 Nov 2023
Net transactions value
$0
Form type
4/A - Amendment
Filing time
04 Dec 2023, 11:57:45 UTC
Date Of Original Report
21 Nov 2023
Previous filing
01 Sep 2023
Next filing
19 Dec 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 JUSH/JUSHF Stock Option (right to buy) Disposed to Issuer -3,000,000 -100% 0 17 Nov 2023 Subordinate Voting Shares 3,000,000 $3.91 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-third of the Option will vest on each of the first, second and third anniversaries of the Vesting Commencement Date (5/1/2021), subject to continuous service.
F2 On November 17, 2023, the issuer canceled, pursuant to the reporting person's employment agreement, an option for 3,000,000 shares of the issuer's Subordinate Voting Shares granted to the reporting person.
F3 Does not include options and warrants to purchase an aggregate of 29,490,551 Subordinated Voting Shares of different classes held directly or indirectly by such reporting person. For future filings, the reporting person intends to report in column 9 of Table II only the shares beneficially held of the same class for any reported transaction pursuant to SEC guidance.

Remarks:

The purpose of this amendment is to correct the total derivative securities beneficially held of all classes, now included in footnote 3, to reflect that warrants to purchase 175,000 Subordinate Voting Shares of another class had previously expired on September 27, 2023.