| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | VRNOF | Class A Subordinate Voting Shares | Sale | -$27.5K | -7.14K | -16.71% | $3.85 | 35.6K | Dec 19, 2023 | Direct | F1, F2 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Certain of the shares sold in this transaction were (i) effected pursuant to sell-to-cover requirements of the Issuer and (ii) effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 31, 2023. |
| F2 | Represents a weighted average sale price for multiple sale transactions ranging from $3.705 to $4.051 per share, as converted from Canadian dollars. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. |