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

Role: Director
Signature: Jacob M. Phillips, Attorney-in-Fact
Stock symbol: VRNOF
Transactions as of: Jun 25, 2022
Transactions value $: $0
Form type: 3
Date filed: 7/20/2022, 05:26 PM
Next filing: Mar 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	VRNOF	Class A Subordinate Voting Shares						28.5K	Jun 25, 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							Jun 25, 2022	Class B Proportionate Voting Shares	16.7	$0.00	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.