McLernon John R. 4
4 · Village Farms International, Inc. · Filed Jul 2, 2024
Insider Transaction Report
Form 4
McLernon John R.
Director
Transactions
- Award
Restricted Stock
2024-06-28+51,020→ 51,020 totalFrom: 2025-06-28→ Common Shares (51,020 underlying)
Footnotes (4)
- [F1]Restricted stock are performance-based grants of common shares ("Restricted Stock") of the Issuer made pursuant to Village Farms International, Inc.'s (the "Issuer") Share-Based Compensation Plan, as described in the Issuer's Annual Report on Form 10-K/A filed with the Securities and Exchange Commission on April 26, 2024 (the "Annual Report"). The Restriced Stock does not require payment of a conversion or exercise price.
- [F2]Each Restricted Stock represents the right to receive at settlement, one common share of the Issuer.
- [F3]The Restricted Stock will vest on June 28, 2025 subject to the terms and conditions of the underlying award agreements and the Issuer's Share-Based Compensation Plan.
- [F4]The Restricted Stock will expire upon the earlier of the Reporting Person's resignation from the Issuer and June 28, 2025.