4//SEC Filing
Barnard Mark Neal 4
Accession 0001493152-21-024690
CIK 0001760439other
Filed
Oct 4, 8:00 PM ET
Accepted
Oct 5, 7:31 PM ET
Size
12.6 KB
Accession
0001493152-21-024690
Insider Transaction Report
Form 4
Barnard Mark Neal
Director
Transactions
- Disposition to Issuer
Subordinate Voting Shares
2021-10-01−216,650→ 0 total - Disposition to Issuer
Subordinate Voting Shares
2021-10-01−56,800→ 0 total - Disposition to Issuer
Restricted Stock Units
2021-10-01−69,447→ 0 total→ Subordinate Voting Shares (69,447 underlying) - Disposition to Issuer
Stock Options
2021-10-01−150,000→ 0 totalExercise: $10.20→ Subordinate Voting Shares (150,000 underlying)
Footnotes (6)
- [F1]Disposed of pursuant to the Arrangement Agreement, dated as of May 10, 2021 (the "Arrangement Agreement"), between Harvest Health and Recreation Inc. ("Harvest") and Trulieve Cannabis Corp. ("Trulieve") in exchange for 25,348 subordinate voting shares of Trulieve having a market value of CAD$35.20 per share on the effective date of the arrangement transaction, which market value represents the closing price of the Trulieve shares as of the close of trading on the Canadian Stock Exchange as of such effective date.
- [F2]Shares held by reporting person in joint account with spouse.
- [F3]Disposed of pursuant to the Arrangement Agreement in exchange for 6,645 subordinate voting shares of Trulieve having a market value of CAD$35.20 per share on the effective date of the arrangement transaction, which market value represents the closing price of the Trulieve shares as of the close of trading on the Canadian Stock Exchange as of such effective date.
- [F4]Exercise price is denominated and reported in Canadian dollars.
- [F5]The stock options were granted on March 13, 2019 and vest in four equal annual installments beginning on March 13, 2020. Adjusted pursuant to the Arrangement Agreement resulting in an option to receive 17,550 subordinate voting shares of Trulieve with an exercise price of CAD$87.18 per share.
- [F6]By their terms, the Restricted Stock Units were scheduled to vest 100% on 12/31/2021. Each Restricted Stock Unit represents a contingent right to receive one subordinate voting share of Harvest. Adjusted pursuant to the Arrangement Agreement resulting in a contingent right to receive 6,099 subordinate voting shares of Trulieve having a market value of CAD$35.20 per share on the effective date of the arrangement transaction, which market value represents the closing price of the Trulieve shares as of the close of trading on the Canadian Stock Exchange as of such effective date.
Documents
Issuer
HARVEST HEALTH & RECREATION INC.
CIK 0001760439
Entity typeother
Related Parties
1- filerCIK 0001834670
Filing Metadata
- Form type
- 4
- Filed
- Oct 4, 8:00 PM ET
- Accepted
- Oct 5, 7:31 PM ET
- Size
- 12.6 KB