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

Role
GENERAL COUNSEL AND SECRETARY
Signature
/s/ Kathryn A. Lloyd, Attorney-in-Fact
Stock symbol
GTBIF
Transactions as of
Apr 1, 2023
Transactions value $
-$3,548
Form type
4
Date filed
4/4/2023, 06:39 PM
Previous filing
Jan 4, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTBIF Subordinate Voting Shares Award $0 +32.9K +9.35% $0.00 385K Apr 1, 2023 Direct
transaction GTBIF Subordinate Voting Shares Tax liability -$3.55K -496 -0.13% $7.15 385K Apr 3, 2023 Direct
holding GTBIF Multiple Voting Shares 302 Apr 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 +61.3K $0.00 61.3K Apr 1, 2023 Subordinate Voting Shares 61.3K $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.