Edward Max Brown - 25 Jun 2022 Form 3 Insider Report for Verano Holdings Corp. (VRNOF)

Role: Director
Signature: Jacob M. Phillips, Attorney-in-Fact
Issuer symbol: VRNOF
Transactions as of: 25 Jun 2022
Net transactions value: $0
Form type: 3
Filing time: 20 Jul 2022, 17:26:50 UTC
Next filing: 09 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	VRNOF	Class A Subordinate Voting Shares						28,464	25 Jun 2022	Direct

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
holding	VRNOF	Restricted Stock Units							25 Jun 2022	Class B Proportionate Voting Shares	17	$0.000000	Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on February 18, 2021. Each restricted stock unit reflects a contingent right to receive one Class B Proportionate Voting Share.
F2	The restricted stock units vest 33.33% on each 6-month anniversary of the date of grant.
F3	Class A Subordinate Voting Shares may be issued in lieu of Class B Proportionate Voting Shares, on an as-converted basis of 100:1, at the discretion of the compensation committee of the board of directors.