Rozlyn S. Lipsey - 30 Jun 2023 Form 4 Insider Report for TPCO Holding Corp. (GRAM)

Role: Chief Operating Officer
Signature: /s/ Rozlyn S. Lipsey
Issuer symbol: GRAM
Transactions as of: 30 Jun 2023
Net transactions value: -$2,593
Form type: 4
Filing time: 05 Jul 2023, 18:23:07 UTC
Previous filing: 12 May 2023
Next filing: 10 Jul 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	Award		+37,500	+75%		87,240	30 Jun 2023	Direct	F1
transaction	GRAMF	Common Shares	Sale	$2,075	-12,967	-15%	$0.1600	74,273	30 Jun 2023	Direct	F2
transaction	GRAMF	Common Shares	Award		+9,375	+13%		83,648	01 Jul 2023	Direct	F1
transaction	GRAMF	Common Shares	Sale	$519	-3,241	-3.9%	$0.1600	80,407	01 Jul 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		-37,500	-25%		112,500	30 Jun 2023	Common Shares	37,500		Direct	F1, F3
transaction	GRAMF	Restricted Stock Units	Options Exercise		-9,375	-8.3%		103,125	01 Jul 2023	Common Shares	9,375		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 June 30, 2022, the reporting person was granted 150,000 RSUs, 25% of which vested 1 year after the "Initial Vesting Period". The remaining RSUs will vest in 12 equal quarterly installments beginning on the first day of the first month following the Initial Vesting Period.