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4//SEC Filing

Spreckman David 4

Accession 0001935304-25-000002

CIK 0001848416other

Filed

Mar 10, 8:00 PM ET

Accepted

Mar 11, 6:46 PM ET

Size

13.9 KB

Accession

0001935304-25-000002

Insider Transaction Report

Form 4
Period: 2025-03-07
Spreckman David
Chief Marketing Officer
Transactions
  • Exercise/Conversion

    Restricted Stock Units

    2025-03-0741,753185,320 total
    Exercise: $0.00Class A Subordinate Voting Shares (41,753 underlying)
  • Sale

    Class A Subordinate Voting Shares

    2025-03-10$0.65/sh5,462$3,551142,358 total
  • Exercise/Conversion

    Class A Subordinate Voting Shares

    2025-03-07+27,306142,258 total
  • Exercise/Conversion

    Class A Subordinate Voting Shares

    2025-03-07+5,562147,820 total
  • Exercise/Conversion

    Restricted Stock Units

    2025-03-078,505176,815 total
    Exercise: $0.00Class A Subordinate Voting Shares (8,505 underlying)
Footnotes (7)
  • [F1]This transaction represents the settlement of vested restricted stock units into Class A Subordinate Voting Shares.
  • [F2]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 25, 2023. All shares were sold at a price of $0.6501.
  • [F3]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% each of June 1, 2024 and December 1, 2024 and will thereafter vest 25% on each of June 1, 2025 and December 1, 2025.
  • [F4]The restricted stock units disposed in this transaction settled on March 7, 2025.
  • [F5]The restricted stock units were net-settled to satisfy withholding tax obligations, resulting in the issuance of 27,306 Class A subordinate voting shares.
  • [F6]The restricted stock units disposed in this transaction were granted under the Verano Holdings Corp. Stock and Incentive Plan on September 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.
  • [F7]The restricted stock units were net-settled to satisfy withholding tax obligations, resulting in the issuance of 5,562 Class A subordinate voting shares.

Issuer

Verano Holdings Corp.

CIK 0001848416

Entity typeother

Related Parties

1
  • filerCIK 0001935304

Filing Metadata

Form type
4
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 6:46 PM ET
Size
13.9 KB