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

Role
VP of Finance
Signature
/s/ William Vargas
Issuer symbol
PLNH
Transactions as of
25 May 2023
Net transactions value
-$23,378
Form type
4
Filing time
26 May 2023, 16:18:35 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 -208,691 -100% $0.000000* 0 25 May 2023 Direct F1
transaction PLNH Common Shares Options Exercise $58,444 +104,345 +37% $0.5601 386,463 25 May 2023 Direct
transaction PLNH Common Shares Tax liability $23,378 -41,739 -11% $0.5601 344,724 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 +208,691 $0.000000 208,691 25 May 2023 Common Shares 208,691 Direct F1, F2, F3
transaction PLNH Restricted Share Units Options Exercise $58,444 -104,345 -50% $0.5601 104,346 25 May 2023 Common Shares 104,345 $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.