Laura Marie Kalesnik - Jun 12, 2023 Form 4 Insider Report for Verano Holdings Corp. (VRNOF)

Role
General Counsel
Signature
Jacob M. Phillips, Attorney-in-Fact
Stock symbol
VRNOF
Transactions as of
Jun 12, 2023
Transactions value $
$0
Form type
4
Date filed
6/14/2023, 06:17 PM
Previous filing
Jun 14, 2023
Next filing
Jun 28, 2023

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 +23.6K +105.29% $0.00 45.9K Jun 12, 2023 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 -23.6K -6.07% $0.00 364K Jun 12, 2023 Class A Subordinate Voting Shares 23.6K $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 This transaction represents the settlement of vested restricted stock units into Class A Subordinate Voting Shares.
F2 The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 23, 2022. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share.
F3 The restricted stock units vest 25% on each of the 12-, 18-, 24- and 30-month anniversaries of June 1, 2022.