Rozlyn S. Lipsey - Jun 30, 2023 Form 4 Insider Report for TPCO Holding Corp. (GRAM)

Role: Chief Operating Officer
Signature: /s/ Rozlyn S. Lipsey
Stock symbol: GRAM
Transactions as of: Jun 30, 2023
Transactions value $: -$2,593
Form type: 4
Date filed: 7/5/2023, 06:23 PM
Previous filing: May 12, 2023
Next filing: Jul 10, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GRAM	Common Shares	Award		+37.5K	+75.39%		87.2K	Jun 30, 2023	Direct	F1
transaction	GRAM	Common Shares	Sale	-$2.07K	-13K	-14.86%	$0.16	74.3K	Jun 30, 2023	Direct	F2
transaction	GRAM	Common Shares	Award		+9.38K	+12.62%		83.6K	Jul 1, 2023	Direct	F1
transaction	GRAM	Common Shares	Sale	-$519	-3.24K	-3.87%	$0.16	80.4K	Jul 1, 2023	Direct	F2

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	GRAM	Restricted Stock Units	Options Exercise		-37.5K	-25%		113K	Jun 30, 2023	Common Shares	37.5K		Direct	F1, F3
transaction	GRAM	Restricted Stock Units	Options Exercise		-9.38K	-8.33%		103K	Jul 1, 2023	Common Shares	9.38K		Direct	F1, F3

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

Explanation of Responses:

Id	Content
F1	Upon vesting, restricted stock units ("RSUs") convert into Common Shares on a one-for-one basis.
F2	The disposition of Common Shares is associated with tax obligations of the reporting person.
F3	On June 30, 2022, the reporting person was granted 150,000 RSUs, 25% of which vested 1 year after the "Initial Vesting Period". The remaining RSUs will vest in 12 equal quarterly installments beginning on the first day of the first month following the Initial Vesting Period.