Michelle O Mosier - 17 Dec 2023 Form 4 Insider Report for Jushi Holdings Inc. (JUSHF)

Signature
/s/ Michelle O. Mosier
Issuer symbol
JUSHF
Transactions as of
17 Dec 2023
Net transactions value
+$275,000
Form type
4
Filing time
19 Dec 2023, 11:05:21 UTC
Previous filing
21 Nov 2023
Next filing
17 Sep 2024

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 Warrant (right to buy) Award $110,000 +200,000 $0.5500 200,000 17 Dec 2023 Subordinate Voting Shares 200,000 $0.5500 Direct F1, F2
transaction JUSH/JUSHF Stock Option (right to buy) Award $165,000 +300,000 $0.5500 300,000 17 Dec 2023 Subordinate Voting Shares 300,000 $0.5500 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/5 of the Warrant has vested. 1/5 will vest on 11/2/2024, 1/5 will vest on 11/2/2025, 1/5 will vest on 11/2/2026, and 1/5 will vest on 11/2/2027, subject to continuous service.
F2 Does not include options to purchase an aggregate of 200,000 Subordinated Voting Shares of different classes held directly 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.
F3 This Option provides for vesting as to 1/3 of the total number of Shares subject to the Option on each yearly anniversary after the Vesting Commencement Date (12/17/2023), subject to continuous service.