Spreckman David's Form 4/A amendment
AmendedVerano Holdings Corp. (VRNO) · filed Aug 21, 2023
- Accession no.
- 0001493152-23-029640
- Filed
- Aug 21, 2023
- Trade date
- Sep 1-6, 2022
- Filing delay
- 354 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Sep 6, 2022
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $1.59K. It was filed 354 days after the trade.
This amendment replaces 0001935304-22-000005 (filed Sep 6, 2022).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Spreckman DavidCIK 0001935304 | Officer (Chief Marketing Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 1, 2022 | Class A Subordinate Voting Shares | MOption exerciseAcquired | +834 | $0.00 | $0 | 40,123 | Direct | |
| Sep 6, 2022 | Class A Subordinate Voting Shares | SSaleDisposed | −246 | $6.47 | −$1,591.62 | 39,877 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 1, 2022 | Class A Subordinate Voting Shares | MOption exerciseDisposed | −834 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
This transaction represents the settlement of vested restricted stock units into Class A Subordinate Voting Shares.
- F2
Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of restricted stock units. This sale was required by the Issuer pursuant to the Issuer's Stock and Incentive Plan and does not represent a discretionary transaction.
- F3
The restricted stock units vest 1/3rd on each 6-month anniversary of the date of grant.
- F4
Class A Subordinate Voting Shares may be issued in lieu of Class B Proportionate Voting Shares, on an as-converted basis of 100: 1, at the discretion of the compensation committee of the board of directors.
- F5
This amendment is being filed to correctly report the reporting person's September 6, 2022 Form 4 in its entirety. The earlier filed September 6, 2023 Form 4 inadvertently did not add the 834 Class A Subordinate Voting Shares acquired into the total ownership of Class A Subordinate Voting Shares following the reported transactions.