Mathew FAULKNER - Jan 1, 2023 Form 4 Insider Report for Green Thumb Industries Inc. (GTBIF)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Kathryn A. Lloyd, Attorney-in-Fact
Stock symbol: GTBIF
Transactions as of: Jan 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/4/2023, 03:53 PM
Previous filing: Sep 6, 2022
Next filing: Mar 29, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GTBIF	Subordinate Voting Shares	Award	$0	+28.2K	+50.42%	$0.00	84.3K	Jan 1, 2023	Direct
holding	GTBIF	Multiple Voting Shares						1.81K	Jan 1, 2023	Direct

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	GTBIF	Employee Stock Options	Award	$0	+52.2K		$0.00	52.2K	Jan 1, 2023	Subordinate Voting Shares	52.2K	$8.85	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	In the Issuer's discretion, the option may also be exercised for CA$11.98, based on the currency exchange rate of 1.3544 as reported by the Bank of Canada as of the close of trading on the Canadian Stock Exchange on December 30, 2022.
F2	The stock option was granted on January 1, 2023 and vests in one-third increments annually over a three-year period beginning on the first anniversary of the grant date.