Benjamin Kovler - Apr 1, 2023 Form 4 Insider Report for Green Thumb Industries Inc. (GTBIF)

Role
CHAIRMAN & CEO, Director, 10%+ Owner
Signature
/s/ Kathryn A. Lloyd, Attorney-in-Fact
Stock symbol
GTBIF
Transactions as of
Apr 1, 2023
Transactions value $
$0
Form type
4
Date filed
4/4/2023, 06:33 PM
Previous filing
Jul 6, 2022
Next filing
Sep 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTBIF Subordinate Voting Shares Award $0 +22.4K +19.71% $0.00 136K Apr 1, 2023 Direct
holding GTBIF Super Voting Shares 97.6K Apr 1, 2023 Direct
holding GTBIF Subordinate Voting Shares 158K Apr 1, 2023 By Outsiders Capital LLC
holding GTBIF Super Voting Shares 80.6K Apr 1, 2023 By Outsiders Capital LLC
holding GTBIF Super Voting Shares 5K Apr 1, 2023 By BK 2021 Descendant Trust

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 +167K $0.00 167K Apr 1, 2023 Subordinate Voting Shares 167K $7.59 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercise price was determined based on the March 31, 2023 closing price of a Subordinate Voting Share on the Canadian Securities Exchange of CA$10.27, and was converted to US$7.59 based on the currency exchange rate of 0.739834 as reported by the Bank of Canada.
F2 The stock option was granted on April 1, 2023 and vests in one-third increments annually over a three-year period beginning on the first anniversary of the grant date.