Karrie Lynn Gibson - 02 Aug 2024 Form 3 Insider Report for YERBAE BRANDS CORP. (YERBF)

Role: COO and CFO, Director, 10%+ Owner
Signature: /s/ Karrie Lynn Gibson
Issuer symbol: YERBF
Transactions as of: 02 Aug 2024
Net transactions value: $0
Form type: 3
Filing time: 04 Mar 2025, 15:46:19 UTC
Next filing: 04 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	YERBF	Common						5,987,396	02 Aug 2024	Control or Direction : Karrie L. Gibson Trust Dated April 22, 2016
holding	YERBF	Common						434,782	02 Aug 2024	Direct
holding	YERBF	Performance						2,500,000	02 Aug 2024	Control or Direction : Karrie L. Gibson Trust Dated April 22, 2016

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	YERBF	Options							02 Aug 2024	Common	217,391	$1.16	Direct	F1
holding	YERBF	Performance Share Units							02 Aug 2024	Common	305,555		Direct	F2
holding	YERBF	Restricted Share Units							02 Aug 2024	Common	722,222		Direct	F3
holding	YERBF	Restricted Share Units							02 Aug 2024	Common	186,666		Direct	F3

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

Explanation of Responses:

Id	Content
F1	All Options vest as to: (i) 25% 15 months following the date of grant; (ii) 25% 18 months following the date of grant, (iii) 25% 21 months following the date of grant; and (iv) 25% 24 months following the date of grant.
F2	All PSUs vest contingent upon and at the time the Company reaches US$18,500,000 in net sale and raises at least US$10,000,000 in funds to support working capital needs and at least 12 months have elapsed from the date of grant.
F3	Each RSU represents the right to receive, once vested, one common share in the capital of the Company. The RSUs vest 12 months from the date of the RSU Award.