McLernon John R. 4
4 · Village Farms International, Inc. · Filed Apr 12, 2024
Insider Transaction Report
Form 4
McLernon John R.
Director
Transactions
- Purchase
Common Shares
2024-03-15$0.77/sh+14,200$10,934→ 15,800 total(indirect: See footnote) - Award
Options
2023-12-29+73,119→ 73,119 totalExercise: $0.80Exp: 2033-12-29→ Common Shares (73,119 underlying)
Holdings
- 30,000(indirect: See footnote)
Common Shares
- 23,500(indirect: See footnote)
Common Shares
- 500(indirect: See footnote)
Common Shares
- 31,000
Common Shares
- 14,300(indirect: See footnote)
Common Shares
Footnotes (8)
- [F1]The common shares were acquired in multiple transactions with prices ranging between USD$0.7776 - $0.7787, inclusive. The price above reflects the weighted average sale price.
- [F2]Held through a Tax Free Savings Account ("TFSA").
- [F3]Held through a Retirement Income Fund.
- [F4]Held through a TFSA for Mr. McLernon's spouse.
- [F5]Held through McLernon Holdings Ltd. Mr. McLernon and his spouse are the shareholders of McLernon Holdings Ltd. and may be deemed the beneficial owners of the common shares held by it.
- [F6]Held through spouse.
- [F7]The Options were granted on December 29, 2023 and will vest over a three year period, with one-third (1/3) of the issued Options vesting on each of the first 3 anniversaries of the date of the grant. As of the date hereof, all 73,119 Options are unvested.
- [F8]The Options were granted to the Reporting Person pursuant to the Issuer's Share-Based Compensation Plan, as described in the Issuer's 2023 Proxy Statement, filed with the Securities and Exchange Commission on May 1, 2023.