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

Role: General Counsel
Signature: /s/ Leighton Koehler
Issuer symbol: PLNH
Transactions as of: 25 May 2023
Net transactions value: -$13,904
Form type: 4
Filing time: 26 May 2023, 14:39:35 UTC
Previous filing: 03 Jan 2022
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	-125,215	-100%	$0.000000^*	0	25 May 2023	Direct	F1
transaction	PLNH	Common Shares	Options Exercise	$35,066	+62,607	+44%	$0.5601	204,735	25 May 2023	Direct
transaction	PLNH	Common Shares	Tax liability	$13,904	-24,824	-12%	$0.5601	179,911	25 May 2023	Direct

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	+125,215		$0.000000	125,215	25 May 2023	Common Shares	125,215		Direct	F1, F2, F3
transaction	PLNH	Restricted Share Units	Options Exercise	$35,066	-62,607	-50%	$0.5601	62,608	25 May 2023	Common Shares	62,607	$0.5601	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.