Ruffini Stephen C 4

4 · Village Farms International, Inc. · Filed Jan 6, 2022

Form 4

Period: 2022-01-04

DirectorChief Financial Officer

Transactions

Award
Common Shares
2022-01-03$1.00/sh+50,000$50,000→ 689,200 total
Sale
Common Shares
2022-01-03$6.63/sh−50,000$331,715→ 639,200 total
Disposition to Issuer
Options
2022-01-03−50,000→ 0 total
Exercise: $1.00Exp: 2022-03-14→ Common Shares (50,000 underlying)

Holdings

Footnotes (8)

[F1]Converted to USD based on the average daily exchange rate of the Bank of Canada reported on December 31, 2021.
[F2]Includes 50,000 common shares previously acquired upon vesting of outstanding Restricted Stock Units in accordance with their terms.
[F3]Mr. Ruffini was notified by his broker on January 4, 2022 of the exercise of this sale effectuated on January 3, 2022 pursuant to a Rule 10b5-1 trading plan adopted by Mr. Ruffini.
[F4]The common shares were sold in multiple transactions pursuant to a 10b5-1 plan at prices ranging between US$6.82 - $6.38, inclusive. The price above reflects the weighted average sale price.
[F5]In addition, on January 4, 2022, Mr. Ruffini acquired an additional 50,000 shares upon vesting of Restricted Stock Units in accordance with their terms, which have not been included in this number.
[F6]Held through The Ruffini Family Revocable Trust of which Mr. Ruffini is the trustee.
[F7]Held through an Individual Retirement Account.
[F8]The Options were issued on March 14, 2012 and became fully vested on the third anniversary of the grant date.

Documents

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