David Spreckman - Apr 5, 2023 Form 4 Insider Report for Verano Holdings Corp. (VRNOF)

Role
EVP, Marketing
Signature
Jacob M. Phillips, Attorney-in-Fact
Stock symbol
VRNOF
Transactions as of
Apr 5, 2023
Transactions value $
$0
Form type
4
Date filed
4/11/2023, 10:33 AM
Previous filing
Mar 29, 2023
Next filing
Jun 5, 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 +11.7K +368.04% $0.00 14.9K Apr 5, 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 -17.9K -23% $0.00 59.8K Apr 5, 2023 Class A Subordinate Voting Shares 17.9K $0.00 Direct F2, F3, F4
* 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 March 28, 2023. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share.
F3 The restricted stock units are fully vested as of the date of grant.
F4 The restricted stock units were net-settled, resulting in the issuance of 11,678 Class A subordinate voting shares.