Perez Desiree 4
4 · TPCO Holding Corp. · Filed Apr 4, 2022
Insider Transaction Report
Form 4
TPCO Holding Corp.GRAMF
Perez Desiree
Director
Transactions
- Award
Common Shares
2022-04-01$1.30/sh+1,441,093$1,873,421→ 5,166,439 total(indirect: See Footnote) - Exercise/Conversion
Common Shares
2022-04-01+506→ 7,079 total - Exercise/Conversion
Restricted Stock Units
2022-04-01−506→ 13,147 total→ Common Shares (506 underlying)
Footnotes (4)
- [F1]Restricted stock units ("RSUs") convert into Common Shares on a one-for-one basis.
- [F2]Represents the acquisition of Common Shares by Roc Nation LLC pursuant to the terms of the Binding Heads of Terms, dated November 24, 2020, by and between the Issuer and Roc Nation LLC.
- [F3]Represents Common Shares held Roc Nation LLC. Ms. Perez is Chief Executive Officer of Roc Nation LLC and shares voting and dispositive power over these Common Shares with four other persons. Ms. Perez disclaims beneficial ownership over these shares, except to the extent of her pecuniary interest.
- [F4]On June 1, 2021, the reporting person was granted 20,226 RSU's, 25% of which vested 180 days after the grant date (the "Initial Vesting Period"). The remaining RSUs vest in 30 equal monthly installments beginning on the first day of the first month following the Initial Vesting Period.