4//SEC Filing
Tipton John Allen 4
Accession 0001935774-25-000003
CIK 0001848416other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 7:20 PM ET
Size
14.5 KB
Accession
0001935774-25-000003
Insider Transaction Report
Form 4
Tipton John Allen
DirectorSee remarks
Transactions
- Exercise/Conversion
Class A Subordinate Voting Shares
2025-06-02+122,473→ 3,407,212 total - Exercise/Conversion
Restricted Stock Units
2025-06-02−30,656→ 291,444 totalExercise: $0.00→ Class A Subordinate Voting Shares (30,656 underlying) - Tax Payment
Class A Subordinate Voting Shares
2025-06-02$0.63/sh−29,823$18,788→ 3,377,389 total - Exercise/Conversion
Restricted Stock Units
2025-06-02−91,817→ 322,100 totalExercise: $0.00→ Class A Subordinate Voting Shares (91,817 underlying) - Award
Restricted Stock Units
2025-06-01+107,659→ 413,917 totalExercise: $0.00→ Class A Subordinate Voting Shares (107,659 underlying)
Footnotes (7)
- [F1]This transaction represents the settlement of vested restricted stock units into Class A Subordinate Voting Shares.
- [F2]Represents the number of shares of Class A Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the restricted stock units and does not represent a sale.
- [F3]The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2025.
- [F4]Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and will vest 33.33% on June 1, 2026, 33.33% on June 1, 2027 and 33.34% on June 1, 2028.
- [F5]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, December 1, 2024 and June 1, 2025, and will thereafter vest 25% on December 1, 2025.
- [F6]The restricted stock units disposed in this transaction settled on June 2, 2025.
- [F7]The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2024. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and vested 25% on June 1, 2025, and thereafter will vest 25% on each of December 1, 2025, June 1, 2026 and December 1, 2026.
Documents
Issuer
Verano Holdings Corp.
CIK 0001848416
Entity typeother
Related Parties
1- filerCIK 0001935774
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 7:20 PM ET
- Size
- 14.5 KB