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

Role
Chief Operating Officer
Signature
/s/ Rozlyn S. Lipsey
Stock symbol
GRAMF
Transactions as of
Jun 30, 2023
Transactions value $
-$2,593
Form type
4
Date filed
7/5/2023, 06:23 PM
Previous filing
May 12, 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 Award +37.5K +75.39% 87.2K Jun 30, 2023 Direct F1
transaction GRAMF Common Shares Sale -$2.07K -13K -14.86% $0.16 74.3K Jun 30, 2023 Direct F2
transaction GRAMF Common Shares Award +9.38K +12.62% 83.6K Jul 1, 2023 Direct F1
transaction GRAMF Common Shares Sale -$519 -3.24K -3.87% $0.16 80.4K Jul 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 -37.5K -25% 113K Jun 30, 2023 Common Shares 37.5K Direct F1, F3
transaction GRAMF Restricted Stock Units Options Exercise -9.38K -8.33% 103K Jul 1, 2023 Common Shares 9.38K 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.