Filing Details
- Accession Number:
- 0001935294-22-000008
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-09-06 18:14:06
- Reporting Period:
- 2022-09-01
- Accepted Time:
- 2022-09-06 18:14:06
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1848416 | Verano Holdings Corp. | VRNOF | Agricultural Production-Crops (100) | 981583243 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1935294 | Andrew Brett Summerer | 415 North Dearborn Street 4Th Floor Chicago IL 60654 | Chief Financial Officer | 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 | 2022-09-01 | 7,388 | $0.00 | 9,790 | No | 4 | M | Direct | |
Class A Subordinate Voting Shares | Disposition | 2022-09-02 | 2,402 | $6.48 | 7,388 | No | 4 | S | Direct | |
Class A Subordinate Voting Shares | Disposition | 2022-09-06 | 2,220 | $6.47 | 5,168 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | 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 | 2022-09-01 | 7,388 | $0.00 | 7,388 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
3,694 | No | 4 | M | Direct |
Footnotes
- This transaction represents the settlement of vested restricted stock units into Class A Subordinate Voting Shares.
- Represents a weighted average sale price for multiple sale transactions ranging from $6.4913 to $6.723 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.
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 26, 2022.
- Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of restricted stock units. This sale was required by the Issuer pursuant to the Issuer's Stock and Incentive Plan and does not represent a discretionary transaction.
- The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on February 16, 2022. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share.
- The restricted stock units vest 25% on each 3-month anniversary of December 1, 2021.
- As converted from Canadian dollars.