Albert Foreman - 01 Dec 2021 Form 4 Insider Report for TPCO Holding Corp. (GRAM)

Role
Director
Signature
By: /s/ Emily Jennings, Attorney-in-fact
Issuer symbol
GRAM
Transactions as of
01 Dec 2021
Transactions value $
$0
Form type
4
Filing time
03 Dec 2021, 16:05:09 UTC
Previous filing
08 Oct 2021
Next filing
04 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRAM Common Shares Options Exercise +5.06K 5.06K 01 Dec 2021 Direct F1
holding GRAM Common Shares 4.05M 01 Dec 2021 See Footnote F2

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 GRAM Restricted Stock Units Options Exercise $0 -5.06K -25% $0.00 15.2K 01 Dec 2021 Common Shares 5.06K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into Common Shares on a one-for-one basis.
F2 Represents Common Shares held by affiliates of Tuatara Capital. Mr. Foreman is a Managing Partner and the Chief Investment Officer of Tuatara Capital and shares voting and dispositive power of these Common Shares with two other persons. Mr. Foreman disclaims beneficial ownership over these shares, except to the extent of his pecuniary interest.
F3 On June 1, 2021, the reporting person was granted 20,226 RSU's, 25% of which vested 180 days after the grant date (the "Initial Vesting Period"). The remaining RSUs vest in 30 equal monthly installments beginning on the first day of the first month following the Initial Vesting Period.