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

Signature
Jacob M. Phillips, Attorney-in-Fact for Brett Summerer
Issuer symbol
VRNOF
Transactions as of
25 Jun 2022
Net transactions value
$0
Form type
3
Filing time
27 Jun 2022, 10:35:31 UTC
Next filing
06 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VRNOF Class A Subordinate Voting Shares 3,694 25 Jun 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 25 Jun 2022 Class A Subordinate Voting Shares 89,762 $0.000000 Direct F1, F2
holding VRNOF Restricted Stock Units 25 Jun 2022 Class A Subordinate Voting Shares 11,082 $0.000000 Direct F1, F3
holding VRNOF Restricted Stock Units 25 Jun 2022 Class A Subordinate Voting Shares 59,884 $0.000000 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.