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

Signature
Jacob M. Phillips, Attorney-in-Fact
Stock symbol
VRNOF
Transactions as of
Jun 25, 2022
Transactions value $
$0
Form type
3/A - Amendment
Date filed
9/6/2022, 05:14 PM
Date Of Original Report
Jun 25, 2022
Next filing
Sep 6, 2022

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 14.8K $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 1, 2021.
F3 The restricted stock units vest 25% on each 3-month anniversary of December 1, 2021. 7,388 of the restricted stock units are vested and have not yet been settled for Class A Subordinate Voting Shares.
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.