Filing Details

Accession Number:
0001209191-20-061349
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-02 21:50:04
Reporting Period:
2020-11-30
Accepted Time:
2020-12-02 21:50:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1584549 Village Farms International Inc. VFF () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1408854 C Stephen Ruffini C/O Village Farms International, Inc
4700 80Th Street
Delta A1 V4K 3N3
Chief Financial Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares Acquisiton 2020-11-30 100,000 $0.00 868,599 No 4 A Direct
Common Shares Disposition 2020-11-30 50,000 $11.05 818,599 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Shares Restricted Stock Disposition 2020-11-30 100,000 $0.00 100,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
100,000 No 4 D Direct
Footnotes
  1. Mr. Ruffini's Restricted Stock are performance-based grants of common shares of the Issuer made pursuant to the Issuer's Shared-Based Compensation Plan, as described in the Issuer's Annual Report on Form 10-K for the year ended December 31, 2019, which vest based on the achievement of certain performance targets, the passage of time or both, and do not require payment of a conversion or exercise price. To date, the performance criteria for Restricted Stock in an amount equal to 200,000 have been satisfied. The remaining Restricted Stock will expire upon the earlier of the Reporting Person's resignation from the Issuer and March 15, 2021.
  2. In addition, Mr. Ruffini indirectly owns 45,800 common shares that are held indirectly through an Individual Retirement Account.
  3. Reflects a weighted average sale price. These shares were sold in multiple transactions at prices from $10.86 to $11.21, inclusive.