David Spreckman - 14 Dec 2023 Form 4 Insider Report for Verano Holdings Corp. (VRNOF)

Role
Chief Marketing Officer
Signature
/s/ Kevan Fisher, Attorney-in-Fact
Issuer symbol
VRNOF
Transactions as of
14 Dec 2023
Transactions value $
$0
Form type
4
Filing time
18 Dec 2023, 17:28:51 UTC
Previous filing
05 Sep 2023
Next filing
21 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNOF Class A Subordinate Voting Shares Options Exercise $0 +11.5K +16.52% $0.00 81.4K 14 Dec 2023 Direct F1

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 VRNOF Restricted Stock Units Options Exercise $0 -11.5K -4.89% $0.00 224K 14 Dec 2023 Class A Subordinate Voting Shares 11.5K $0.00 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the settlement of vested restricted stock units into Class A Subordinate Voting Shares.
F2 The restricted stock units disposed in this transaction were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 23, 2022. Each restricted stock unit represents a contingent right to receive one Class A Subordinate Voting Share.
F3 The restricted stock units vested 41.5% on the 12-month anniversary of June 1, 2022, and vested and will continue to vest 19.5% on each of the following three six-month anniversaries thereafter.
F4 Represents the total restricted stock units held by the reporting person following this transaction.