Robert Groesbeck - 25 May 2023 Form 4 Insider Report for Planet 13 Holdings Inc. (PLNH)

Role
Co-CEO, Director, 10%+ Owner
Signature
/s/ Robert Groesbeck
Issuer symbol
PLNH
Transactions as of
25 May 2023
Transactions value $
-$70,338
Form type
4
Date filed
26 May 2023, 14:36
Previous filing
03 Jan 2022
Next filing
26 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLNH Common Shares Other $0 -563K -100% $0.00* 0 25 May 2023 Direct F1
transaction PLNH Common Shares Options Exercise $158K +281K +35.05% $0.56 1.08M 25 May 2023 Direct
transaction PLNH Common Shares Tax liability -$70.3K -126K -11.59% $0.56 958K 25 May 2023 Direct
holding PLNH Common Shares 30.4M 25 May 2023 By RAG Holdings LLC
holding PLNH Common Shares 7.6M 25 May 2023 By PRMN Investments 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 PLNH Restricted Share Units Other $0 +563K $0.00 563K 25 May 2023 Common Shares 563K Direct F1, F2, F3
transaction PLNH Restricted Share Units Options Exercise -$158K -281K -50% $0.56 281K 25 May 2023 Common Shares 281K $0.56 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of Restricted Share Units ("RSU"). These RSUs were previously reported on Form 3, Table 1 as Common Shares with the vesting schedule provided in a footnote and are now being transferred from Table 1 to Table 2 on this Form 4 for ease of form preparation.
F2 Each RSU represents the right to receive one Common Share.
F3 The RSUs vest 1/2 on December 1, 2022 and 1/2 on December 1, 2023, subject to continued service through each vesting date.