Brett Summerer - Apr 21, 2025 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
Apr 21, 2025
Transactions value $
$0
Form type
4
Date filed
4/23/2025, 05:47 PM
Previous filing
Mar 13, 2025
Next filing
Sep 24, 2025
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 +172K +144.46% $0.00 291K Apr 21, 2025 Direct F1
transaction VRNOF Class A Subordinate Voting Shares Options Exercise $0 +113K +38.89% $0.00 404K Apr 21, 2025 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 -172K -60.31% $0.00 113K Apr 21, 2025 Class A Subordinate Voting Shares 172K $0.00 Direct F1, F2, F3
transaction VRNOF Restricted Stock Units Options Exercise $0 -113K -100% $0.00 0 Apr 21, 2025 Class A Subordinate Voting Shares 113K $0.00 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Brett Summerer is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 This transaction represents the vesting of restricted stock units into Class A Subordinate Voting Shares.
F2 The restricted stock units in this transaction were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2023. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share.
F3 The restricted stock units vested, on an accelerated basis, on April 21, 2025 pursuant to the Resignation Agreement and General Release entered into between Brett Summerer and Verano Holdings Corp.
F4 The restricted stock units in this transaction were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2024. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share.