Weiss Darren Henry 4
4 · Verano Holdings Corp. · Filed Mar 11, 2025
Insider Transaction Report
Form 4
Weiss Darren Henry
President
Transactions
- Sale
Class A Subordinate Voting Shares
2025-03-10$0.65/sh−22,922$14,902→ 602,537 total - Exercise/Conversion
Class A Subordinate Voting Shares
2025-03-07+57,305→ 625,459 total - Exercise/Conversion
Restricted Stock Units
2025-03-07−93,331→ 309,287 totalExercise: $0.00→ Class A Subordinate Voting Shares (93,331 underlying)
Footnotes (5)
- [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 28, 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% 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.
- [F4]The restricted stock units disposed in this transaction settled on March 7, 2025.
- [F5]The restricted stock units were net-settled to satisfy tax withholding obligations, resulting in the issuance of 57,305 Class A subordinate voting shares.