Anthony Georgiadis - 01 Apr 2023 Form 4 Insider Report for Green Thumb Industries Inc. (GTBIF)

Role
PRESIDENT, Director
Signature
/s/ Kathryn A. Lloyd, Attorney-in-Fact
Issuer symbol
GTBIF
Transactions as of
01 Apr 2023
Transactions value $
-$9,428
Form type
4
Filing time
04 Apr 2023, 18:35:30 UTC
Previous filing
06 Sep 2022
Next filing
28 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTBIF Subordinate Voting Shares Award $0 +49,407 +36.75% $0 183,856 01 Apr 2023 Direct
transaction GTBIF Subordinate Voting Shares Tax liability -$9,428 -1,318 -0.72% $7.15 182,538 03 Apr 2023 Direct
holding GTBIF Subordinate Voting Shares 18,302 01 Apr 2023 By ABG LLC
holding GTBIF Subordinate Voting Shares 1,710 01 Apr 2023 By Three One Four Holdings LLC
holding GTBIF Super Voting Shares 42,682 01 Apr 2023 Direct
holding GTBIF Super Voting Shares 1,589 01 Apr 2023 By ABG LLC
holding GTBIF Super Voting Shares 1,333 01 Apr 2023 By Three One Four Holdings LLC

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 GTBIF Employee Stock Options Award $0 +91,911 $0 91,911 01 Apr 2023 Subordinate Voting Shares 91,911 $7.59 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercise price was determined based on the March 31, 2023 closing price of a Subordinate Voting Share on the Canadian Securities Exchange of CA$10.27, and was converted to US$7.59 based on the currency exchange rate of 0.739834 as reported by the Bank of Canada.
F2 The stock option was granted on April 1, 2023 and vests in one-third increments annually over a three-year period beginning on the first anniversary of the grant date.