Mike Batesole - Oct 1, 2022 Form 4 Insider Report for TPCO Holding Corp. (GRAMF)

Signature
/s/ Emily Jennings, Attorney-in-fact
Stock symbol
GRAMF
Transactions as of
Oct 1, 2022
Transactions value $
-$2,600
Form type
4
Date filed
10/4/2022, 04:08 PM
Previous filing
Sep 6, 2022
Next filing
Nov 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRAMF Common Shares Options Exercise +10K +7.52% 143K Oct 1, 2022 Direct F1
transaction GRAMF Common Shares Sale -$2.6K -4.26K -2.98% $0.61 139K Oct 1, 2022 Direct 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
transaction GRAMF Restricted Stock Units Options Exercise -10K -3.7% 260K Oct 1, 2022 Common Shares 10K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon vesting, restricted stock units ("RSUs") convert into Common Shares on a one-for-one basis
F2 The disposition of Common Shares is associated with tax obligations of the reporting person.
F3 Effective February 15, 2021, the reporting person was granted 400,000 RSU's (150,000 of which were subject to performance vesting conditions that were subsequently met), 25% of which vested 180 days after February 15, 2021 (the "Initial Vesting Period"). The remaining RSUs vest in 30 equal monthly installments beginning on the first day of the first month following the Initial Vesting Period.