Degiglio Michael A - Jan 12, 2023 Form 4 Insider Report for Village Farms International, Inc. (VFF)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Stephen C. Ruffini
Stock symbol: VFF
Transactions as of: Jan 12, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/13/2023, 03:57 PM
Previous filing: Apr 1, 2022
Next filing: Feb 3, 2023

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	Restricted Stock	Award	$0	+681K		$0.00	681K	Jan 12, 2023	Common Shares	681K	$0.00	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted Stock are performance-based grants of common shares of the Issuer made pursuant to the Issuer's Shared-Based Compensation Plan, as described in the Issuer's Annual Report on Form 10-K for the year ended December 31, 2021, which vest based on the achievement of certain performance targets, the passage of time or both, and do not require payment of a conversion or exercise price. To date, the performance criteria for the Restricted Stock have not yet been satisfied. The Restricted Stock will expire upon the earlier of the Reporting Person's resignation from the Issuer and March 15, 2024.

Content

Restricted Stock are performance-based grants of common shares of the Issuer made pursuant to the Issuer's Shared-Based Compensation Plan, as described in the Issuer's Annual Report on Form 10-K for the year ended December 31, 2021, which vest based on the achievement of certain performance targets, the passage of time or both, and do not require payment of a conversion or exercise price. To date, the performance criteria for the Restricted Stock have not yet been satisfied. The Restricted Stock will expire upon the earlier of the Reporting Person's resignation from the Issuer and March 15, 2024.