Ruffini Stephen C 4
4 · Village Farms International, Inc. · Filed Jan 17, 2023
Insider Transaction Report
Form 4
Ruffini Stephen C
DirectorChief Financial Officer
Transactions
- Award
Common Shares
2023-01-13$0.83/sh+100,000$83,000→ 739,200 total - Disposition to Issuer
Options
2023-01-13−100,000→ 0 totalExercise: $0.83Exp: 2023-03-14→ Common Shares (100,000 underlying) - Sale
Common Shares
2023-01-13$1.53/sh−100,000$153,400→ 639,200 total
Holdings
- 229,399(indirect: See Footnote)
Common Shares
- 45,800(indirect: See Footnote)
Common Shares
Footnotes (6)
- [F1]Includes 50,000 common shares previously acquired upon vesting of outstanding Restricted Stock Units in accordance with their terms.
- [F2]Mr. Ruffini was notified by his broker on January 13, 2023 of the exercise of this sale effectuated on January 13, 2023 pursuant to a Rule 10b5-1 trading plan adopted by Mr. Ruffini.
- [F3]The common shares were sold in multiple transactions pursuant to a 10b5-1 plan at prices ranging between US$1.52 - $1.55, inclusive. The price above reflects the weighted average sale price.
- [F4]Held through The Ruffini Family Revocable Trust of which Mr. Ruffini is the trustee.
- [F5]Held through an Individual Retirement Account.
- [F6]The Options were issued on March 14, 2013 and became fully vested on the third anniversary of the grant date.