McDermott Edward Aloysious III 4

Accession 0001981212-25-000003

CIK 0001848416other

View on SEC.gov Company Profile

Filed

Jun 2, 8:00 PM ET

Accepted

Jun 3, 9:05 PM ET

Size

17.1 KB

Accession

0001981212-25-000003

Insider Transaction Report

Form 4

Period: 2025-06-01

Verano Holdings Corp.VRNOF

McDermott Edward Aloysious III

Chief Operating Officer

Transactions

Award
Restricted Stock Units
2025-06-01+100,931→ 345,676 total
Exercise: $0.00→ Class A Subordinate Voting Shares (100,931 underlying)
Exercise/Conversion
Class A Subordinate Voting Shares
2025-06-02+96,825→ 232,459 total
Exercise/Conversion
Restricted Stock Units
2025-06-02−24,307→ 274,397 total
Exercise: $0.00→ Class A Subordinate Voting Shares (24,307 underlying)
Exercise/Conversion
Restricted Stock Units
2025-06-02−46,972→ 298,704 total
Exercise: $0.00→ Class A Subordinate Voting Shares (46,972 underlying)
Exercise/Conversion
Restricted Stock Units
2025-06-02−25,546→ 248,851 total
Exercise: $0.00→ Class A Subordinate Voting Shares (25,546 underlying)
Tax Payment
Class A Subordinate Voting Shares
2025-06-02$0.63/sh−27,839$17,539→ 204,620 total

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]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 September 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 thereafter will vest 25% on December 1, 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 0001981212

Filing Metadata

Form type: 4
Filed: Jun 2, 8:00 PM ET
Accepted: Jun 3, 9:05 PM ET
Size: 17.1 KB

View on SEC.gov