Leland Hensch - Jun 30, 2023 Form 4 Insider Report for TPCO Holding Corp. (GRAMF)

Role
Director
Signature
/s/ Leland Hensch
Stock symbol
GRAMF
Transactions as of
Jun 30, 2023
Transactions value $
$0
Form type
4
Date filed
7/5/2023, 06:17 PM
Previous filing
Jun 2, 2023
Next filing
Jul 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRAMF Common Shares Options Exercise +33K +1.17% 2.86M Jun 30, 2023 Direct F1
transaction GRAMF Common Shares Options Exercise +506 +0.02% 2.86M Jul 1, 2023 Direct F1
holding GRAMF Common Shares 1.12M Jun 30, 2023 See Footnote 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 $0 -33K -31.11% $0.00 73.1K Jun 30, 2023 Common Shares 33K Direct F1, F3
transaction GRAMF Restricted Stock Units Options Exercise $0 -506 -0.69% $0.00 72.6K Jul 1, 2023 Common Shares 506 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into Common Shares on a one-for-one basis.
F2 Represents Common Shares held by The Hensch Family Dynasty Trust. Mr. Hensch disclaims beneficial ownership over these Common Shares, except to the extent of his pecuniary interest.
F3 On June 30, 2022, the reporting person was granted 100,000 RSU's, 33% of which vested 1 year after the grant date (the "Initial Vesting Period"). The remaining RSUs vest in 8 equal quarterly installments.
F4 On June 1, 2021, the reporting person was granted 20,226 RSU's, 25% of which vested 180 days after the grant date (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.