Ryan Blust - 25 Jul 2023 Form 4 Insider Report for Trulieve Cannabis Corp. (TCNNF)

Role
Chief Financial Officer
Signature
Eric Powers, Attorney-in-Fact
Issuer symbol
TCNNF
Transactions as of
25 Jul 2023
Net transactions value
$0
Form type
4
Filing time
27 Jul 2023, 21:47:33 UTC
Previous filing
21 Jul 2023
Next filing
16 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCNNF Subordinate Voting Shares Award $0 +25,364 +153% $0.000000 41,938 25 Jul 2023 Direct F1

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
transaction TCNNF Stock Option (Right to Buy) Award $0 +56,442 $0.000000 56,442 25 Jul 2023 Subordinate Voting Shares 56,442 $6.52 Direct F2
* 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 will vest on December 1, 2024, and the remaining 50% of the RSUs will vest on December 1, 2025.
F2 The option becomes exercisable in three annual installments, with one-third vesting on December 1, 2023, one-third vesting on December 1, 2024, and one-third vesting on December 1, 2025.