David Spreckman - 05 Apr 2023 Form 4 Insider Report for Verano Holdings Corp. (VRNOF)

Role
EVP, Marketing
Signature
Jacob M. Phillips, Attorney-in-Fact
Issuer symbol
VRNOF
Transactions as of
05 Apr 2023
Net transactions value
$0
Form type
4
Filing time
11 Apr 2023, 10:33:22 UTC
Previous filing
29 Mar 2023
Next filing
05 Jun 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 +11,678 +368% $0.000000 14,851 05 Apr 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 -17,857 -23% $0.000000 59,795 05 Apr 2023 Class A Subordinate Voting Shares 17,857 $0.000000 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.