Mike Batesole - 16 May 2022 Form 4 Insider Report for TPCO Holding Corp. (GRAM)

Role: Chief Financial Officer
Signature: By: /s/ Emily Jennings, Attorney-in-fact
Issuer symbol: GRAM
Transactions as of: 16 May 2022
Net transactions value: -$36,036
Form type: 4
Filing time: 18 May 2022, 20:07:28 UTC
Previous filing: 03 May 2022
Next filing: 30 Aug 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GRAM	Common Shares	Award		+71,250	+100%		142,396	16 May 2022	Direct	F1
transaction	GRAM	Common Shares	Tax liability	$36,036	-32,175	-23%	$1.12^*	110,221	16 May 2022	Direct	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	Award		+78,750	+34%		310,000	16 May 2022	Common Shares	78,750		Direct	F1, F3, F4

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

Explanation of Responses:

Id	Content
F1	Both Common Shares and restricted stock units ("RSUs") were received for no consideration upon the satisfaction of performance criteria underlying an award of RSUs.
F2	The disposition of Common Shares is associated with tax obligations of the reporting person.
F3	RSUs convert into Common Shares on a one-for-one basis.
F4	The reporting person was granted 150,000 RSU's subject to satisfaction of certain performance criteria, 25% of which vested after 180 days after February 15, 2021 (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.