Degiglio Michael A - Feb 1, 2022 Form 4 Insider Report for Village Farms International, Inc. (VFF)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/Stephen C. Ruffini, Attorney-in-Fact
Stock symbol
VFF
Transactions as of
Feb 1, 2022
Transactions value $
-$430,100
Form type
4
Date filed
2/3/2022, 04:16 PM
Next filing
Apr 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VFF Common Shares Award $100K +100K +1.07% $1.00 9.45M Feb 1, 2022 Direct F1
transaction VFF Common Shares Sale -$530K -100K -1.06% $5.30* 9.35M Feb 1, 2022 Direct F2, F3

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 VFF Options Disposed to Issuer $0 +100K $0.00* 0 Feb 1, 2022 Common Shares 100K $1.00 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Converted to USD based on the average daily exchange rate of the Bank of Canada reported on February 1, 2022.
F2 The common shares were sold in multiple transactions pursuant to a 10b5-1 plan at prices ranging between USD$5.12 - $6.1199, inclusive. The price above reflects the weighted average sale price.
F3 Includes 90,000 common shares previously acquired upon vesting of outstanding Restricted Stock Units in accordance with their terms.
F4 The Options were issued on March 14, 2012 and became fully vested on the third anniversary of the grant date.

Remarks:

The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.