Miles Aaron Nathaniel 4

4 · Verano Holdings Corp. · Filed Mar 11, 2025

Form 4

Period: 2025-03-07

Chief Investment Officer

Transactions

Exercise/Conversion
Restricted Stock Units
2025-03-07−70,977→ 237,328 total
Exercise: $0.00→ Class A Subordinate Voting Shares (70,977 underlying)
Exercise/Conversion
Class A Subordinate Voting Shares
2025-03-07+46,418→ 213,027 total
Sale
Class A Subordinate Voting Shares
2025-03-10$0.65/sh−4,642$3,018→ 208,385 total

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 June 5, 2024. 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 46,418 Class A subordinate voting shares.

Documents

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