Filing Details

Accession Number:
0001981213-24-000008
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-12-04 17:40:44
Reporting Period:
2024-12-02
Accepted Time:
2024-12-04 17:40:44
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
1981213 Marie Laura Kalesnik 224 West Hill Street, Suite 400
Chicago IL 60610
See Remarks 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 2024-12-02 23,558 $0.00 161,007 No 4 M Direct
Class A Subordinate Voting Shares Disposition 2024-12-03 5,855 $1.38 155,152 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 2024-12-02 23,558 $0.00 23,558 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
340,958 No 4 M Direct
Footnotes
  1. This transaction represents the settlement of vested restricted stock units into Class A Subordinate Voting Shares.
  2. 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 in connection with the initial issuance of Restricted Stock Units on June 23, 2022 and does not represent a discretionary sale by the Reporting Person.
  3. Represents a weighted average sale price for multiple sale transactions ranging from $1.36 to $1.39 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.
  4. The restricted stock units disposed in this transaction were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 23, 2022. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and vested 25% on June 1, 2023, December 1, 2023, June 1, 2024 and December 1, 2024.
  5. The restricted stock units disposed in this transaction settled on December 2, 2024.