Cristina Maria Nunez - 03 Jun 2024 Form 4 Insider Report for Verano Holdings Corp. (VRNOF)

Role
Director
Signature
/s/ Kevan Fisher, Attorney-in-Fact
Issuer symbol
VRNOF
Transactions as of
03 Jun 2024
Net transactions value
$0
Form type
4
Filing time
05 Jun 2024, 19:26:23 UTC
Previous filing
04 Jun 2024
Next filing
11 Mar 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 +30,204 +71% $0.000000 72,559 03 Jun 2024 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 -8,727 -7.4% $0.000000 109,776 03 Jun 2024 Class A Subordinate Voting Shares 8,727 $0.000000 Direct F1, F2, F3
transaction VRNOF Restricted Stock Units Options Exercise $0 -21,477 -20% $0.000000 88,299 03 Jun 2024 Class A Subordinate Voting Shares 21,477 $0.000000 Direct F1, F4, F5
* 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 disposed 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 and vested 25% on the grant date, 25% on the six-month anniversary of the grant date and 25% on the twelve-month anniversary of the grant date, and thereafter will vest 25% on the eighteen-month anniversary of the grant date.
F3 The restricted stock units disposed in this transaction settled on June 3, 2024.
F4 The restricted stock units disposed 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 and vested 25% on June 1, 2024 and thereafter will vest 25% on each six-month anniversary of June 1, 2024.
F5 The restricted stock units disposed in this transaction settled on June 3, 2024.