Tarapchak Richard C 4
4 · Verano Holdings Corp. · Filed Mar 11, 2025
Insider Transaction Report
Form 4
Tarapchak Richard C
EVP, Finance
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-03-07−20,188→ 216,616 totalExercise: $0.00→ Class A Subordinate Voting Shares (20,188 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-07−43,164→ 173,452 totalExercise: $0.00→ Class A Subordinate Voting Shares (43,164 underlying) - Exercise/Conversion
Class A Subordinate Voting Shares
2025-03-07+13,202→ 113,132 total - Exercise/Conversion
Class A Subordinate Voting Shares
2025-03-07+28,229→ 141,361 total
Footnotes (6)
- [F1]This transaction represents the settlement of vested restricted stock units into Class A Subordinate Voting Shares.
- [F2]The restricted stock units disposed in this transaction were granted under the Verano Holdings Corp. Stock and Incentive Plan on October 5, 2022. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and vested 25% on each of the 12-, 18-, 24- and 30-month anniversaries of July 11, 2022.
- [F3]The restricted stock units disposed in this transaction settled on March 7, 2025.
- [F4]The restricted stock units were net-settled to satisfy withholding tax obligations, resulting in the issuance of 13,202 Class A subordinate voting shares.
- [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 and December 1, 2024 and will thereafter vest 25% on each of June 1, 2025 and December 1, 2025.
- [F6]The restricted stock units were net-settled to satisfy withholding tax obligations, resulting in the issuance of 28,229 Class A subordinate voting shares.