Filing Details
- Accession Number:
- 0001493152-23-030259
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-08-25 17:00:34
- Reporting Period:
- 2023-08-24
- Accepted Time:
- 2023-08-25 17:00:34
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1848416 | Verano Holdings Corp. | VRNOF | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1485597 | C Richard Tarapchak | 415 N Dearborn St 4Th Floor Chicago IL 60654 | Corporate Controller | No | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Subordinate Voting Shares | Acquisiton | 2023-08-24 | 36,500 | $0.00 | 43,268 | No | 4 | M | Direct | |
| Class A Subordinate Voting Shares | Disposition | 2023-08-24 | 11,630 | $2.59 | 31,638 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Subordinate Voting Shares | Restricted Stock Units | Disposition | 2023-08-24 | 36,500 | $0.00 | 36,500 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 249,531 | No | 4 | M | Direct |
Footnotes
- This transaction represents the settlement of vested restricted stock units into Class A Subordinate Voting Shares.
- The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on October 5, 2022. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share.
- 32,626 of the restricted stock units vest 50% on each of the 12- and 24-month anniversaries of July 11, 2022 and 80,750 of the restricted stock units vest 25% on each of the 12-, 18-, 24- and 30-month anniversaries of July 11, 2022.
- Represents a weighted average sale price for multiple sale transactions ranging from $2.6504 to $2.5410 per share, as converted from Canadian dollars. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
Billionaire Hedge Funds
