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
  1. This transaction represents the settlement of vested restricted stock units into Class A Subordinate Voting Shares.
  2. 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.
  3. 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.
  4. 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.