Brett Summerer - Aug 23, 2022 Form 4/A - Amendment Insider Report for Verano Holdings Corp. (VRNOF)

Role: Chief Financial Officer
Signature: Jacob M. Phillips, Attorney-in-Fact
Stock symbol: VRNOF
Transactions as of: Aug 23, 2022
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 9/6/2022, 05:43 PM
Date Of Original Report: Aug 25, 2022
Previous filing: Jun 27, 2022
Next filing: Sep 6, 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VRNOF	Class A Subordinate Voting Shares	Options Exercise		+3.69K			3.69K	Aug 23, 2022	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	VRNOF	Restricted Stock Units	Options Exercise	$0	-3.69K	-25%	$0.00	11.1K	Aug 23, 2022	Class A Subordinate Voting Shares	3.69K	$0.00	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction represents the settlement of vested restricted stock units into Class A Subordinate Voting Shares.
F2	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.
F3	The restricted stock units vest 25% on each 3-month anniversary of December 1, 2021. 3694 of the restricted stock units are vested and have not yet been settled for Class A Subordinate Voting Shares.