Mike Batesole - 01 Dec 2022 Form 4 Insider Report for TPCO Holding Corp. (GRAM)

Role: Chief Financial Officer
Signature: /s/ Emily Jennings, Attorney-in-fact
Issuer symbol: GRAM
Transactions as of: 01 Dec 2022
Net transactions value: -$990
Form type: 4
Filing time: 05 Dec 2022, 15:16:14 UTC
Previous filing: 03 Nov 2022
Next filing: 04 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GRAMF	Common Shares	Options Exercise		+10,000	+6.9%		154,384	01 Dec 2022	Direct	F1
transaction	GRAMF	Common Shares	Sale	$990	-4,257	-2.8%	$0.2325	150,127	01 Dec 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		-10,000	-4%		240,000	01 Dec 2022	Common Shares	10,000		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.