Tobi Lebowitz - 14 Aug 2024 Form 4 Insider Report for Jushi Holdings Inc. (JUSHF)

Role
Chief Legal Officer and Sec.
Signature
/s/ Tobi Lebowitz
Issuer symbol
JUSHF
Transactions as of
14 Aug 2024
Net transactions value
$0
Form type
4
Filing time
16 Aug 2024, 15:06:09 UTC
Previous filing
19 Dec 2023
Next filing
17 Sep 2024
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 -250,000 -100% 0 14 Aug 2024 Subordinate Voting Shares 250,000 $2.00 Direct F1
transaction JUSH/JUSHF Stock Option (right to buy) Disposed to Issuer -103,626 -100% 0 14 Aug 2024 Subordinate Voting Shares 103,626 $1.93 Direct F2, F3
transaction JUSH/JUSHF Stock Option (right to buy) Disposed to Issuer -236,374 -100% 0 14 Aug 2024 Subordinate Voting Shares 236,374 $1.93 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 14, 2024, the issuer canceled, pursuant to the issuer's option regrant program, an option for 250,000 shares of the issuer's Subordinate Voting Shares granted to the reporting person. In exchange, the reporting person will receive a replacement option for 250,000 shares on or about September 17, 2024.
F2 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.
F3 On August 14, 2024, the issuer canceled, pursuant to the issuer's option regrant program, an option for 340,000 shares of the issuer's Subordinate Voting Shares granted to the reporting person. In exchange, the reporting person will receive a replacement option for 340,000 shares on or about September 17, 2024.