Ryan Blust - 18 Jun 2023 Form 3 Insider Report for Trulieve Cannabis Corp. (TCNNF)

Role
Chief Financial Officer
Signature
Eric Powers, attorney-in-fact
Issuer symbol
TCNNF
Transactions as of
18 Jun 2023
Net transactions value
$0
Form type
3
Filing time
28 Jun 2023, 11:57:24 UTC
Next filing
21 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TCNNF Subordinate Voting Shares 4,915 18 Jun 2023 Direct
holding TCNNF Subordinate Voting Shares 2,930 18 Jun 2023 Direct F1
holding TCNNF Subordinate Voting Shares 8,729 18 Jun 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TCNNF Stock Options (Right to Buy) 18 Jun 2023 Subordinate Voting Shares 19,458 $26.88 Direct F3
holding TCNNF Stock Options (Right to Buy) 18 Jun 2023 Subordinate Voting Shares 24,280 $11.52 Direct F4
holding TCNNF Stock Options (Right to Buy) 18 Jun 2023 Subordinate Voting Shares 7,497 $33.42 Direct F5
holding TCNNF Stock Options (Right to Buy) 18 Jun 2023 Subordinate Voting Shares 24,860 $21.48 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one Trulieve Cannabis Corp. subordinate voting share. 50% of the RSUs were vested on December 29, 2022 and the remaining 50% of the RSUs will vest on December 29, 2023.
F2 Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one Trulieve Cannabis Corp. subordinate voting share. 50% of the RSUs will vest on December 29, 2023 and the remaining 50% of the RSUs will vest on December 29, 2024.
F3 33.33% of the Subordinate Voting Shares underlying the options were vested on December 1, 2021 and an additional 33.33% of the Subordinate Voting Shares underlying the options vested on December 1, 2022. The remaining 33.33% of the Subordinate Voting Shares underlying the options will vest on December 1, 2023.
F4 15% of the Subordinate Voting Shares underlying the options were vested on the date of grant and an additional 25% of the Subordinate Voting Shares underlying the options vested on December 31, 2020. The remaining 60% of the Subordinate Voting Shares underlying the options vested on December 31, 2021.
F5 15% of the Subordinate Voting Shares underlying the options were vested on December 31, 2021 and an additional 25% of the Subordinate Voting Shares underlying the options vested on December 31, 2022. The remaining 60% of the Subordinate Voting Shares underlying the options will vest on December 31, 2023.
F6 33.33% of the Subordinate Voting Shares underlying the options were vested on December 1, 2022 and an additional 33.33% of the Subordinate Voting Shares underlying the options will vest on December 1, 2023. The remaining 33.33% of the Subordinate Voting Shares underlying the options will vest on December 1, 2024.