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

Signature
Jacob M. Phillips, Attorney-in-Fact
Issuer symbol
VRNOF
Transactions as of
25 Jun 2022
Net transactions value
$0
Form type
3/A - Amendment
Filing time
06 Sep 2022, 17:14:27 UTC
Date Of Original Report
25 Jun 2022
Next filing
06 Sep 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 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 14,776 $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 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.