Form 4 for TRLV Trulieve Cannabis Corp.
Accepted 2023-07-27 00:00:00 ET · period of report 2023-07-25 · accession 0001209191-23-043599 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-07-27 | 2023-07-25 | TRLV | Rivers Kim A. | COB, CEO, Dir, 10% | A - Grant | $0.00 | +195.6K | 2.69M | +8% | $0 |
| D | 2023-07-27 | 2023-07-25 | TRLV | Rivers Kim A. | COB, CEO, Dir, 10% | A - Grant | $0.00 | +435.2K | 435.2K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Subordinate Voting Shares | 2023-07-25 | A | A | 195,552 | $0.00 | 2,691,238 | D | — | — | (F2) The reporting person also holds the following securities of the issuer: (i) 159,867 aggregate Multiple Voting Shares held directly, (ii) 9,867 Multiple Voting Shares held by Traunch IV LLC ("Traunch IV"), over which the reporting person may be deemed to exercise voting and investment control, and (iii) a stock option to acquire 356,867 Subordinate Voting Shares exercisable as of May 1, 2023 held directly. Multiple Voting Shares are convertible into Subordinate Voting Shares on a one-for-100 basis (or into an aggregate of 16,973,400 Subordinate Voting Shares). The reporting person disclaims beneficial ownership of the Multiple Voting Shares (and the Subordinate Voting Shares into which they are convertible) held by Traunch IV, except to the extent of her pecuniary interest therein. |
| 2 | Derivative | Stock Option (Right to Buy) | 2023-07-25 | A | A | 435,154 | $0.00 | 435,154 | D | $6.52 · — to 2030-07-24 | 435,154 Subordinate Voting Shares | (F3) The option becomes exercisable in three annual installments, with one-third vesting on December 1, 2023, one-third vesting on December 1, 2024, and one-third vesting on December 1, 2025. |