Thompson Destiny Lynn 4
4 · Verano Holdings Corp. · Filed Mar 11, 2025
Insider Transaction Report
Form 4
Thompson Destiny Lynn
Chief People Officer
Transactions
- Exercise/Conversion
Class A Subordinate Voting Shares
[F1]2025-03-07+42,841→ 140,302 total - Exercise/Conversion
Restricted Stock Units
[F2][F1][F3][F4]2025-03-07−65,507→ 219,575 totalExercise: $0.00→ Class A Subordinate Voting Shares (65,507 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 42,841 Class A subordinate voting shares.
Signature
/s/ Kevan Fisher, Attorney-in-Fact|2025-03-11