Brett Summerer - Jun 12, 2023 Form 4 Insider Report for Verano Holdings Corp. (VRNOF)

Role
Chief Financial Officer
Signature
Jacob M. Phillips, Attorney-in-Fact
Stock symbol
VRNOF
Transactions as of
Jun 12, 2023
Transactions value $
$0
Form type
4
Date filed
6/14/2023, 05:05 PM
Previous filing
Jun 5, 2023
Next filing
Jun 28, 2023
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 $0 +37.4K +512.7% $0.00 44.7K Jun 12, 2023 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 -37.4K -8.34% $0.00 411K Jun 12, 2023 Class A Subordinate Voting Shares 37.4K $0.00 Direct F1, 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 June 23, 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 of the 12-, 18-, 24- and 30-month anniversaries of June 1, 2022.