Brett Andrew Summerer - Dec 14, 2023 Form 4 Insider Report for Verano Holdings Corp. (VRNOF)

Role
Chief Financial Officer
Signature
/s/ Kevan Fisher, Attorney-in-Fact
Stock symbol
VRNOF
Transactions as of
Dec 14, 2023
Transactions value $
$0
Form type
4
Date filed
12/18/2023, 05:05 PM
Previous filing
Jun 28, 2023
Next filing
Dec 21, 2023

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 +171.36% $0.00 59.2K Dec 14, 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 -22.4K -5.46% $0.00 389K Dec 14, 2023 Class A Subordinate Voting Shares 22.4K $0.00 Direct F1, F2, F3, F4
transaction VRNOF Restricted Stock Units Options Exercise $0 -15K -3.85% $0.00 374K Dec 14, 2023 Class A Subordinate Voting Shares 15K $0.00 Direct F1, F4, F5, F6
* 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 disposed in this transaction 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 of the 12-, 18-, 24- and 30-month anniversaries of December 1, 2021.
F4 Represents the total restricted stock units held by the reporting person following this transaction.
F5 The restricted stock units disposed in this transaction 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.
F6 The restricted stock units vest 25% on each of the 12-, 18-, 24- and 30-month anniversaries of June 1, 2022.