Destiny Lynn Thompson - 18 Oct 2022 Form 4 Insider Report for Verano Holdings Corp. (VRNOF)

Role
Chief People Officer
Signature
Jacob M. Phillips, Attorney-in-Fact
Issuer symbol
VRNOF
Transactions as of
18 Oct 2022
Net transactions value
$0
Form type
4
Filing time
20 Oct 2022, 16:07:25 UTC
Previous filing
27 Jun 2022
Next filing
01 Nov 2022
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 +10,881 10,881 18 Oct 2022 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 -10,881 -25% $0.000000 32,644 18 Oct 2022 Class A Subordinate Voting Shares 10,881 $0.000000 Direct 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 February 16, 2022. Each restricted stock unit reflects a contingent right to receive one Class B Proportionate Voting Share.
F3 The restricted stock units vest 25% on each of the 12-, 18-, 24- and 30-month anniversaries of October 18, 2021.