Mike Batesole - May 1, 2023 Form 4 Insider Report for TPCO Holding Corp. (GRAMF)

Signature
/s/ Emily Jennings, Attorney-in-fact
Stock symbol
GRAMF
Transactions as of
May 1, 2023
Transactions value $
-$807
Form type
4
Date filed
5/3/2023, 04:16 PM
Previous filing
Apr 4, 2023
Next filing
May 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRAMF Common Shares Options Exercise +10K +5.17% 203K May 1, 2023 Direct F1
transaction GRAMF Common Shares Sale -$807 -4.26K -2.09% $0.19 199K May 1, 2023 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 -6.32% 148K May 1, 2023 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 On April 23, 2022, the reporting person was granted 100,000 RSUs, 33.33% of which vested 1 year after January 15, 2022 (the "Initial Vesting Period"). The remaining RSUs will vest in 8 equal quarterly installments beginning on the first day of the first month following the Initial Vesting Period.