Filing Details

Accession Number:
0001209191-22-002303
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-01-06 21:51:43
Reporting Period:
2022-01-04
Accepted Time:
2022-01-06 21:51:43
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 2022-01-03 50,000 $1.00 689,200 No 4 A Direct
Common Shares Disposition 2022-01-03 50,000 $6.63 639,200 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 Options Disposition 2022-01-03 50,000 $0.00 50,000 $1.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2022-03-14 No 4 D Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Shares 229,399 Indirect See Footnote
Common Shares 45,800 Indirect See Footnote
Footnotes
  1. Converted to USD based on the average daily exchange rate of the Bank of Canada reported on December 31, 2021.
  2. Includes 50,000 common shares previously acquired upon vesting of outstanding Restricted Stock Units in accordance with their terms.
  3. Mr. Ruffini was notified by his broker on January 4, 2022 of the exercise of this sale effectuated on January 3, 2022 pursuant to a Rule 10b5-1 trading plan adopted by Mr. Ruffini.
  4. The common shares were sold in multiple transactions pursuant to a 10b5-1 plan at prices ranging between US$6.82 - $6.38, inclusive. The price above reflects the weighted average sale price.
  5. In addition, on January 4, 2022, Mr. Ruffini acquired an additional 50,000 shares upon vesting of Restricted Stock Units in accordance with their terms, which have not been included in this number.
  6. Held through The Ruffini Family Revocable Trust of which Mr. Ruffini is the trustee.
  7. Held through an Individual Retirement Account.
  8. The Options were issued on March 14, 2012 and became fully vested on the third anniversary of the grant date.