Ruffini Stephen C 4
4 · Village Farms International, Inc. · Filed Dec 6, 2021
Insider Transaction Report
Form 4
Ruffini Stephen C
DirectorChief Financial Officer
Transactions
- Award
Restricted Stock Units
2021-12-02+50,000→ 50,000 total→ Common Shares (50,000 underlying) - Award
Options
2021-12-02+100,000→ 100,000 totalExercise: $6.23Exp: 2031-11-17→ Common Shares (100,000 underlying)
Footnotes (2)
- [F1]The option vests in three equal annual installments beginning on December 2, 2022.
- [F2]Restricted Stock Units are performance-based grants of common shares of the Issuer made pursuant to the Issuer's Shared-Based Compensation Plan, as described in the Issuer's Annual Report on Form 10-K for the year ended December 31, 2020, and which vest based on the achievement of certain performance targets, the passage of time or both, and do not require payment of a conversion or exercise price. The Restricted Stock Units granted expire upon the earlier of December 31, 2022 and the Reporting Person's resignation from the Issuer.