Michael Jennings - Mar 2, 2022 Form 3 Insider Report for Planet 13 Holdings Inc. (PLNHF)

Role: Pres. of East Coast Operations
Signature: /s/ Michael Jennings
Stock symbol: PLNHF
Transactions as of: Mar 2, 2022
Transactions value $: $0
Form type: 3
Date filed: 3/11/2022, 03:15 PM
Next filing: May 20, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PLNHF	Common Shares						2.86M	Mar 2, 2022	Direct	F1, F2

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
holding	PLNHF	Stock Option							Mar 2, 2022	Common Shares	97.3K	$1.04	Direct	F2, F3, F4
holding	PLNHF	Stock Option							Mar 2, 2022	Common Shares	22.9K	$3.45	Direct	F2, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Received in exchange for 25,000,000 common shares of Next Green Wave Holdings Inc. ("NGW") pursuant to the Arrangement Agreement between NGW and Planet 13 Holdings Inc. ("Planet 13") (the "Arrangement"). On March 2, 2022, the effective date of the Arrangement, the closing price of Planet 13's common shares on the Canadian Stock Exchange was C$3.34 per share.
F2	Received pursuant to Rule 16b-3(d).
F3	Fully vested on March 2, 2022.
F4	The exercise price reported above was converted from the Canadian exercise price of C$1.32 using an exchange rate of C$1.2668=US$1.00 on March 2, 2022.
F5	Fully vested on March 2, 2022.
F6	The exercise price reported above was converted from the Canadian exercise price of C$4.37 using an exchange rate of C$1.2668=US$1.00 on March 2, 2022.