Lawrence Randall Hirsh - 03 Sep 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 Sep 2024
Net transactions value
$0
Form type
4
Filing time
05 Sep 2024, 16:18:16 UTC
Previous filing
05 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 +17,542 +31% $0.000000 74,102 03 Sep 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 -17,542 -15% $0.000000 97,114 03 Sep 2024 Class A Subordinate Voting Shares 17,542 $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 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 August 29, 2022. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and vest 25% on each of the 12-, 18-, 24- and 30-month anniversaries of August 29, 2022. There are 17,542 unvested restricted stock units remaining under this tranche.
F3 The restricted stock units disposed in this transaction settled on September 3, 2024.