Filing Details
- Accession Number:
- 0001493152-24-024356
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-06-18 21:07:46
- Reporting Period:
- 2024-06-14
- Accepted Time:
- 2024-06-18 21:07:46
- 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 |
---|---|---|---|---|---|---|---|
1935777 | Peter George Archos | 224 West Hill Street Suite 400 Chicago IL 60610 | Chief Executive 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 |
---|---|---|---|---|---|---|---|---|---|---|
Class A Subordinate Voting Shares | Disposition | 2024-06-14 | 38,085 | $3.61 | 14,376,707 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Subordinate Voting Shares | 1,817,688 | Indirect | By Copperstone Trust |
Class A Subordinate Voting Shares | 204,082 | Indirect | By E&P Archos Holdings, LLC |
Class A Subordinate Voting Shares | 204,082 | Indirect | By E&P Archos Holdings II, LLC |
Class A Subordinate Voting Shares | 4,420,790 | Indirect | By Archos Capital Group, LLC |
Class A Subordinate Voting Shares | 10,154,606 | Indirect | By GP Management Group, LLC |
Footnotes
- This transaction represents the sale of Class A subordinate voting shares pursuant to a sell-to-cover transaction in order to satisfy tax withholding obligations in connection with the settlement of Restricted Stock Units previously granted to the Reporting Person. This sale was effected pursuant to sell-to-cover transactions at the Company's sole discretion as agreed to by the Reporting Person in grant agreements signed upon the initial issuance of Restricted Stock Units on (i) June 23, 2022 and (ii) June 1, 2023 and does not represent a discretionary sale by the Reporting Person.
- Represents a weighted average sale price for multiple sale transactions ranging from $3.16 to $3.90 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.
- Due to the Reporting Person's 2% membership interest in the LLCs, the Reporting Person may be deemed to beneficially own the number of Shares detailed in Table I. This filing shall not be deemed an admission that such Reporting Person is, for purposes of section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of the equity securities reported in Table I owned by the LLCs. Mr. Archos expressly disclaims his beneficial ownership of the Shares reported in Table I owned by the LLCs.