Mike Batesole - 01 Jan 2022 Form 4 Insider Report for TPCO Holding Corp. (GRAM)

Signature
By: /s/ Emily Jennings, Attorney-in-fact
Issuer symbol
GRAM
Transactions as of
01 Jan 2022
Transactions value $
$0
Form type
4
Filing time
04 Jan 2022, 20:15:57 UTC
Previous filing
03 Dec 2021
Next filing
06 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRAM Common Shares Options Exercise +6.25K +11.56% 60.3K 01 Jan 2022 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 GRAM Restricted Stock Units Options Exercise $0 -6.25K -3.85% $0.00 156K 01 Jan 2022 Common Shares 6.25K Direct F1, F2
* 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 On February 15, 2021, the reporting person was granted 250,000 RSU's, 25% of which vested after 180 days after the grant date (the "Initial Vesting Period"). The remaining RSUs will vest in 30 equal monthly installments beginning on the first day of the first month following the Initial Vesting Period.