Filing Details
- Accession Number:
- 0001209191-20-065299
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-12-28 21:33:00
- Reporting Period:
- 2020-12-23
- Accepted Time:
- 2020-12-28 21:33:00
- 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 | 2020-12-23 | 50,000 | $0.00 | 868,599 | No | 4 | A | Direct | |
| Common Shares | Disposition | 2020-12-23 | 50,000 | $11.17 | 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 Units | Disposition | 2020-12-23 | 50,000 | $0.00 | 50,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 220,000 | No | 4 | D | Direct |
Footnotes
- Represents common shares acquired upon vesting of Mr. Ruffini's Restricted Stock Units, which 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, and 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 Units in an amount equal to 250,000 have been satisfied. A portion of the remaining Restricted Stock Units will expire upon the earlier of the Reporting Person's resignation from the Issuer and March 15, 2021 and a portion of the remaining Restricted Stock Units will expire upon the Reporting Person's resignation from the Issuer.
- In addition, Mr. Ruffini indirectly owns 45,800 common shares that are held indirectly through an Individual Retirement Account.
- Includes all previously reported Restricted Stock and Restricted Share Units.
Billionaire Hedge Funds
