Brett Andrew Summerer - Jun 25, 2022 Form 3 Insider Report for Verano Holdings Corp. (VRNOF)

Signature
Jacob M. Phillips, Attorney-in-Fact for Brett Summerer
Stock symbol
VRNOF
Transactions as of
Jun 25, 2022
Transactions value $
$0
Form type
3
Date filed
6/27/2022, 10:35 AM
Next filing
Sep 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VRNOF Class A Subordinate Voting Shares 3.69K Jun 25, 2022 Direct

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
holding VRNOF Restricted Stock Units Jun 25, 2022 Class A Subordinate Voting Shares 89.8K $0.00 Direct F1, F2
holding VRNOF Restricted Stock Units Jun 25, 2022 Class A Subordinate Voting Shares 11.1K $0.00 Direct F1, F3
holding VRNOF Restricted Stock Units Jun 25, 2022 Class A Subordinate Voting Shares 59.9K $0.00 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on February 16, 2022. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share.
F2 The restricted stock units vest 25% on each of the 12-, 18-, 24- and 30-month anniversaries of December 31, 2021.
F3 The restricted stock units vest 25% on each 3-month anniversary of December 31, 2021.
F4 The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 23, 2022. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share.
F5 The restricted stock units vest 25% on each of the 12-, 18-, 24- and 30-month anniversaries of June 1, 2022.