Summerer Brett Andrew 4
4 · Verano Holdings Corp. · Filed Mar 11, 2025
Insider Transaction Report
Form 4
Summerer Brett Andrew
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Subordinate Voting Shares
2025-03-07+56,185→ 147,033 total - Exercise/Conversion
Restricted Stock Units
2025-03-07−85,911→ 284,908 totalExercise: $0.00→ Class A Subordinate Voting Shares (85,911 underlying)
Footnotes (4)
- [F1]This transaction represents the settlement of vested restricted stock units into Class A Subordinate Voting Shares.
- [F2]The restricted stock units disposed in this transaction were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2023. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and vested 25% on each of June 1, 2024 and December 1, 2024 and will thereafter vest 25% on each of June 1, 2025 and December 1, 2025.
- [F3]The restricted stock units disposed in this transaction settled on March 7, 2025.
- [F4]The restricted stock units were net-settled to satisfy tax withholding obligations, resulting in the issuance of 56,185 Class A subordinate voting shares.