Rebecca L. Young - 29 Sep 2021 Form 4 Insider Report for Trulieve Cannabis Corp. (TCNNF)

Signature
Eric Powers, Attorney-in-Fact
Issuer symbol
TCNNF
Transactions as of
29 Sep 2021
Net transactions value
$0
Form type
4
Filing time
08 Oct 2021, 20:18:01 UTC
Next filing
28 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCNNF Subordinate Voting Shares Award $0 +5,859 $0.000000 5,859 29 Sep 2021 Direct F1

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 TCNNF Stock Option (Right to Buy) Award $0 +19,458 $0.000000 19,458 29 Sep 2021 Subordinate Voting Shares 19,458 $26.88 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one Trulieve Cannabis Corp. subordinate voting share. 50% of the RSUs will vest on December 1, 2022 and the remaining 50% of the RSUs will vest on December 1, 2023.
F2 The option becomes exercisable in three annual installments, with one-third vesting on December 1, 2021, one-third vesting on December 1, 2022 and one-third vesting on December 1, 2023.