Archos George Peter 4

Accession 0001935777-25-000002

CIK 0001848416other

View on SEC.gov Company Profile

Filed

Jun 2, 8:00 PM ET

Accepted

Jun 3, 7:50 PM ET

Size

18.0 KB

Accession

0001935777-25-000002

Insider Transaction Report

Form 4

Period: 2025-06-01

Verano Holdings Corp.VRNOF

Archos George Peter

DirectorChief Executive Officer

Transactions

Tax Payment
Class A Subordinate Voting Shares
2025-06-02$0.63/sh−32,298$20,348→ 14,574,055 total
Award
Restricted Stock Units
2025-06-01+127,846→ 457,841 total
Exercise: $0.00→ Class A Subordinate Voting Shares (127,846 underlying)
Exercise/Conversion
Class A Subordinate Voting Shares
2025-06-02+132,638→ 14,606,353 total
Exercise/Conversion
Restricted Stock Units
2025-06-01−100,279→ 357,562 total
Exercise: $0.00→ Class A Subordinate Voting Shares (100,279 underlying)
Exercise/Conversion
Restricted Stock Units
2025-06-02−32,359→ 325,203 total
Exercise: $0.00→ Class A Subordinate Voting Shares (32,359 underlying)

Holdings

Class A Subordinate Voting Shares
(indirect: By LLC)
204,082
Class A Subordinate Voting Shares
(indirect: By LLC)
204,082
Class A Subordinate Voting Shares
(indirect: By Trust)
1,817,688
Class A Subordinate Voting Shares
(indirect: By LLC)
10,154,606

Footnotes (8)

[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]Due to the Reporting Person's 2% membership interest in the LLCs, the Reporting Person may be deemed to beneficially own the number of Shares detailed in Table I. This filing shall not be deemed an admission that such Reporting Person is, for purposes of section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of the equity securities reported in Table I owned by the LLCs. Mr. Archos expressly disclaims his beneficial ownership of the Shares reported in Table I owned by the LLCs.
[F4]The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2025.
[F5]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.
[F6]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.
[F7]The restricted stock units disposed in this transaction settled on June 2, 2025.
[F8]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

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

Verano Holdings Corp.

CIK 0001848416

→

Entity typeother

Related Parties

filerCIK 0001935777

Filing Metadata

Form type: 4
Filed: Jun 2, 8:00 PM ET
Accepted: Jun 3, 7:50 PM ET
Size: 18.0 KB

View on SEC.gov