Atkison Michael Scott 4
4 · HARVEST HEALTH & RECREATION INC. · Filed Oct 5, 2021
Insider Transaction Report
Form 4
Atkison Michael Scott
Director
Transactions
- Disposition to Issuer
Multiple Voting Shares
2021-10-01−2,757→ 0 total - Disposition to Issuer
Restricted Stock Units
2021-10-01−46,298→ 0 total→ Subordinate Voting Shares (46,298 underlying) - Disposition to Issuer
Multiple Voting Shares
2021-10-01−7,146→ 0 total(indirect: By Bennet Asset Management) - Disposition to Issuer
Subordinate Voting Shares
2021-10-01−59,011→ 0 total
Footnotes (4)
- [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 83,608 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]Disposed of pursuant to the Arrangement Agreement in exchange for 32,256 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.
- [F3]Disposed of pursuant to the Arrangement Agreement in exchange for 6,904 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]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 4,066 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.