6-K
Curaleaf Holdings, Inc. (CURLF)
6-K
2022-04-28
For: 2022-04-26
View Original
Added on
April 07, 2026
UNITED STATESSECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TORULE 13a-16 OR 15d-16UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April, 2022.
Commission File Number: 333-249081
CURALEAF HOLDINGS, INC.
(Exact Name of Registrant as Specified in Charter)
666 BurrardStreet, Suite 1700, Vancouver, British Columbia V6C 2X8
Canada
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ¨ Form 40-F x
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| CURALEAF HOLDINGS, INC. | |||
|---|---|---|---|
| (Registrant) | |||
| Date: | April 28, 2022 | By: | /s/ Peter Clateman |
| Name: | Peter Clateman | ||
| Title: | Chief Legal Officer |
EXHIBIT INDEX
| 99.1 | Form 11, Notice of Proposed Issuance of Options, dated April 26, 2022 |
|---|
Exhibit 99.1
FORM 11
NOTICE OF PROPOSED STOCK OPTION GRANT ORAMENDMENT
Name of Listed Issuer: Curaleaf Holdings, Inc. (the “Issuer”).
Trading Symbol: CURA
Date: April 26, 2022
| 1. | New Options Granted: |
|---|
Date of Grant: See below table
| ****<br><br> <br>Name of Optionee | ****<br><br> <br>Position (Director/ Officer/<br><br> <br>Employee/ Consultant/ Management Company | ****<br><br> <br>Insider Yes or No? | ****<br><br> <br>No. of Optioned Shares | ****<br><br> <br>Exercise Price | ****<br><br> <br>Expiry Date | ****<br><br> <br>No. of Options Granted in Past 12 Months |
|---|---|---|---|---|---|---|
| Grant Date: March 11, 2021 | ||||||
| 134<br><br> Individuals | Employees/Officers | No | 1,850,956 | CAD$19.53 | 10 years | |
| 2<br><br> <br>Individuals | Employees/Officers | Yes | 208,271 | CAD$19.53 | 10 years | |
| 24<br><br> <br>Individuals | Employees/Officers | No | 108,846 (Restricted Stock Units) | N/A | N/A | |
| Grant Date: March 22, 2021 | ||||||
| 4<br><br> Individuals | Employees/Officers | No | 60,559 | CAD$19.75 | 10 years | |
| 4<br><br> <br>Individuals | Employees/Officers | Varied | 45,419 (Restricted Stock Units) | N/A | N/A | |
| Grant Date: April 7, 2021 | ||||||
| 3<br><br> Individuals | Employees/Officers | No | 770,823 | CAD$21.42 | 10 years | |
| 4<br><br> <br>Individuals | Employees/Officers | No | 808,289 (Restricted Stock Units) | N/A | N/A |
FORM 11 – NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT
Page 1
| Grant Date: May 25, 2021 | |||||
|---|---|---|---|---|---|
| 8<br><br> <br>Individuals | Employees/Officers | No | 60,602 | CAD$17.62 | 10 years |
| 6<br><br> <br>Individuals | Employees/Officers | No | 32,797 (Restricted Stock Units) | N/A | N/A |
| Grant Date: June 23, 2021 | |||||
| 1<br><br> <br>Individual | Officer | Yes | 496,766 | CAD$17.13 | 10 years |
| 1<br><br> <br>Individual | Officer | Yes | 172,620 (Restricted Stock Units) | N/A | N/A |
| Grant Date: June 30, 2021 | |||||
| 2<br><br> <br>Individuals | Employees/Officers | No | 12,403 | CAD$17.99 | 10 years |
| 1<br> Individual | Employees/Officers | No | 2,411 (Restricted Stock Units) | N/A | N/A |
| Grant Date: August 11, 2021 | |||||
| 4<br><br> <br>Individuals | Employees/Officers | No | 40,368 | CAD$15.40 | 10 years |
| 2<br><br> <br>Individuals | Employees/Officers | No | 21,336 (Restricted Stock Units) | N/A | N/A |
| 1<br><br> <br>Individual | Employees/Officers | Yes | 189,660 | CAD$15.40 | 10 years |
| 1<br><br> <br>Individual | Employees/Officers | Yes | 142,245 (Restricted Stock Units) | N/A | N/A |
| Grant Date: August 30, 2021 | |||||
| 1<br><br> <br>Individual | Employees/Officers | No | 8,761 | CAD$15.11 | 10 years |
| 1<br><br> <br>Individual | Employees/Officers | No | 6,571 (Restricted Stock Units) | N/A | N/A |
| Grant Date: August 31, 2021 | |||||
| 2<br><br> <br>Individuals | Employees/Officers | No | 11,124 | CAD$15.11 | 10 years |
| 2<br><br> <br>Individuals | Employees/Officers | No | 8,344 (Restricted Stock Units) | N/A | N/A |
FORM 11 – NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT
Page 2
| Grant Date: September 9, 2021 | |||||
|---|---|---|---|---|---|
| 5<br> Individuals | Directors | Yes | 135,055 (Restricted Stock Units) | N/A | N/A |
| Grant Date: September 28, 2021 | |||||
| 1 <br> Individual | Employees/Officers/Directors | Yes | 40,554 (Restricted Stock Units) | N/A | N/A |
| Grant Date: September 30, 2021 | |||||
| 2<br><br> <br>Individuals | Employees/Officers | No | 22,514 | CAD$15.41 | 10 years |
| 1<br><br> <br>Individual | Employees/Officers | No | 6,494 (Restricted Stock Units) | N/A | N/A |
| Grant Date: November 10, 2021 | |||||
| 14<br><br> <br>Individuals | Employees/Officers | No | 164,961 | CAD$12.57 | 10 years |
| Grant Date: November 30, 2021 | |||||
| 4<br><br> <br>Individuals | Employees/Officers | No | 53.120 | CAD$12.51 | 10 years |
| 2<br><br> <br>Individuals | Employees/Officers | No | 14,828 (Restricted Stock Units) | N/A | N/A |
| Grant Date: December 16, 2021 | |||||
| 3<br><br> <br>Individuals | Employees/Officers | No | 83,787 | CAD$11.79 | 10 years |
| 2<br><br> <br>Individuals | Employees/Officers | No | 40,731 (Restricted Stock Units) | N/A | N/A |
| Grant Date: December 31, 2021 | |||||
| 1<br><br> <br>Individual | Employees/Officers | Yes | 299,641 | CAD$11.30 | 10 years |
| 1<br><br> <br>Individual | Employees/Officers | Yes | 224,730 (Restricted Stock Units) | N/A | N/A |
| 1<br><br> <br>Individual | Employees/Officers | No | 44,946 (Restricted Stock Units) | N/A | N/A |
Total Number of Subordinate Voting Shares: 4,334,316 Subordinate Voting Shares underlying Stock Options and 1,856,216 Subordinate Voting Shares underlying restricted stock units.
FORM 11 – NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT
Page 3
| 2. | Other Presently Outstanding Options: | |||
|---|---|---|---|---|
| Name of Optionee | No. of Optioned Shares | Exercise Price | Original Date of Grant | Expiry Date |
| --- | --- | --- | --- | --- |
| Optionee | 320,650 | 0.2300 | 10/3/2012 | 10 years |
| Optionee | 490,650 | 0.2300 | 10/3/2012 | 10 years |
| Optionee | 245,325 | 0.3000 | 1/29/2013 | 10 years |
| Optionee | 81,775 | 0.3000 | 1/29/2013 | 10 years |
| Optionee | 200,000 | 0.1200 | 5/5/2015 | 10 years |
| Optionee | 10,919 | 0.2700 | 8/17/2015 | 10 years |
| Optionee | 2,700,308 | 0.1400 | 3/17/2016 | 10 years |
| Optionee | 1,797,905 | 0.1400 | 3/17/2016 | 10 years |
| Optionee | 327,100 | 0.6400 | 1/1/2017 | 10 years |
| Optionee | 438,067 | 0.6400 | 7/1/2017 | 10 years |
| Optionee | 899,833 | 0.6400 | 7/1/2017 | 10 years |
| Optionee | 59,034 | 0.6400 | 8/14/2017 | 10 years |
| Optionee | 615,667 | 0.6400 | 10/2/2017 | 10 years |
| Optionee | 38,533 | 0.6400 | 10/2/2017 | 10 years |
| Optionee | 114,729 | 11.4500 | 10/28/2018 | 10 years |
| Optionee | 2,288,164 | 11.4500 | 10/28/2018 | 10 years |
| Optionee | 3,166 | 12.2900 | 3/28/2019 | 10 years |
| Optionee | 2,849 | 12.2900 | 3/28/2019 | 10 years |
| Optionee | 1,199 | 12.2900 | 3/28/2019 | 10 years |
| Optionee | 31,990 | 12.2900 | 3/28/2019 | 10 years |
| Optionee | 868,010 | 12.2900 | 3/28/2019 | 10 years |
| Optionee | 4,907 | 12.2900 | 3/28/2019 | 10 years |
| Optionee | 8,020 | 12.2900 | 3/28/2019 | 10 years |
| Optionee | 16,041 | 12.2900 | 3/28/2019 | 10 years |
| Optionee | 13,297 | 12.2900 | 3/28/2019 | 10 years |
| Optionee | 1,520 | 12.2900 | 3/28/2019 | 10 years |
| Optionee | 5,699 | 12.2900 | 3/28/2019 | 10 years |
| Optionee | 13,050 | 9.2700 | 8/30/2019 | 10 years |
| Optionee | 9,491 | 9.2700 | 8/30/2019 | 10 years |
| Optionee | 43,236 | 9.2700 | 8/30/2019 | 10 years |
| Optionee | 16,085 | 9.2700 | 8/30/2019 | 10 years |
| Optionee | 5,962 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,084 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,845 | 8.2000 | 11/22/2019 | 10 years |
FORM 11 – NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT
Page 4
| Optionee | 976 | 8.2000 | 11/22/2019 | 10 years |
|---|---|---|---|---|
| Optionee | 1,561 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 4,065 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,385 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,843 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 4,065 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 795 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 15,176 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 7,588 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 10,840 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 5,420 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,385 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 6,937 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,675 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 6 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 30,345 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,563 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 939 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,060 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,528 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,829 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,620 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 4,878 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 9,485 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 702 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,818 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,843 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,951 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 10,840 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 569 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,156 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 8,401 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,734 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,409 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,060 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 8,130 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,168 | 8.2000 | 11/22/2019 | 10 years |
FORM 11 – NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT
Page 5
| Optionee | 1,662 | 8.2000 | 11/22/2019 | 10 years |
|---|---|---|---|---|
| Optionee | 1,247 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 8,672 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 4,065 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,493 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 4,023 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 8,334 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,168 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,518 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 4,856 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 6,070 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,839 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 43,421 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 86,657 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,168 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,084 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 9,485 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,710 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,951 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,873 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,276 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,710 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,340 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,602 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 10,446 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,951 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,843 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 3,252 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,094 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 3,794 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,734 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 11,490 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,626 | 8.2000 | 11/22/2019 | 10 years |
FORM 11 – NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT
Page 6
| Optionee | 2,530 | 8.2000 | 11/22/2019 | 10 years |
|---|---|---|---|---|
| Optionee | 2,060 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,385 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,228 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 1,228 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 2,710 | 8.2000 | 11/22/2019 | 10 years |
| Optionee | 66,152 | 8.0000 | 12/10/2019 | 10 years |
| Optionee | 485,823 | 8.0000 | 12/10/2019 | 10 years |
| Optionee | 11,797 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 5,900 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 9,439 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 1,777 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 8,859 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 8,258 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 2,357 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 13,360 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 4,337 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 13,360 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 61,036 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 255,383 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 1,777 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 1,395,462 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 96,243 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 7,677 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 4,718 | 13.1900 | 1/30/2020 | 10 years |
FORM 11 – NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT
Page 7
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
|---|---|---|---|---|
| Optionee | 122,789 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 5,900 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 2,357 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 13,360 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 13,216 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 5,900 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 13,575 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 90,000 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 122,789 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 8,847 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 74,384 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 3,303 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 5,900 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 1,395,462 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 5,900 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 11,797 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 3,539 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 60,836 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 4,000 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 3,340 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 1,085 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 9,439 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 211,206 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 19,472 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 2,357 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 2,357 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 3,539 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 4,718 | 13.1900 | 1/30/2020 | 10 years |
FORM 11 – NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT
Page 8
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
|---|---|---|---|---|
| Optionee | 1,777 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 19,472 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 2,357 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 237,714 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 122,789 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,717 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 5,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 122,789 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 11,797 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 5,900 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 122,789 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 2,357 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 106,263 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 2,357 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 10,020 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 3,268 | 13.1900 | 1/30/2020 | 10 years |
| Optionee | 13,165 | 5.4400 | 3/27/2020 | 10 years |
| Optionee | 15,797 | 5.4400 | 3/27/2020 | 10 years |
| Optionee | 55,146 | 5.4400 | 3/27/2020 | 10 years |
| Optionee | 120,383 | 5.4400 | 3/27/2020 | 10 years |
| Optionee | 60,726 | 4.9400 | 4/2/2020 | 10 years |
| Optionee | 74,671 | 4.9400 | 4/2/2020 | 10 years |
| Optionee | 60,726 | 4.9400 | 4/2/2020 | 10 years |
| Optionee | 26,821 | 4.9400 | 4/2/2020 | 10 years |
| Optionee | 26,264 | 4.9400 | 4/2/2020 | 10 years |
| Optionee | 35,018 | 4.9400 | 4/2/2020 | 10 years |
| Optionee | 19,454 | 4.9400 | 4/2/2020 | 10 years |
| Optionee | 12,646 | 7.9400 | 5/20/2020 | 10 years |
| Optionee | 12,594 | 7.9400 | 5/20/2020 | 10 years |
| Optionee | 104,022 | 7.9400 | 5/20/2020 | 10 years |
| Optionee | 2,135 | 11.6000 | 8/19/2020 | 10 years |
| Optionee | 4,148 | 11.6000 | 8/19/2020 | 10 years |
| Optionee | 7,766 | 11.6000 | 8/19/2020 | 10 years |
| Optionee | 6,989 | 11.6000 | 8/19/2020 | 10 years |
| Optionee | 9,976 | 12.7700 | 11/20/2020 | 10 years |
| Optionee | 23,490 | 12.7700 | 11/20/2020 | 10 years |
| Optionee | 43,014 | 12.7700 | 11/20/2020 | 10 years |
| Optionee | 6,317 | 12.7700 | 11/20/2020 | 10 years |
| Optionee | 5,101 | 16.0000 | 12/29/2020 | 10 years |
FORM 11 – NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT
Page 9
| Name of Awardee | No. of Shares | Grant Price | Original Date of Grant | Expiration Date |
|---|---|---|---|---|
| Holder (RSU) | 156,250 | 0.0000 | 3/28/2019 | N/A |
| Holder (RSU) | 8,537 | 0.0000 | 11/22/2019 | N/A |
| Holder (RSU) | 6,098 | 0.0000 | 11/22/2019 | N/A |
| Holder (RSU) | 2,602 | 0.0000 | 11/22/2019 | N/A |
| Holder (RSU) | 3,252 | 0.0000 | 11/22/2019 | N/A |
| Holder (RSU) | 4,634 | 0.0000 | 11/22/2019 | N/A |
| Holder (RSU) | 2,277 | 0.0000 | 11/22/2019 | N/A |
| Holder (RSU) | 48,781 | 0.0000 | 11/22/2019 | N/A |
| Holder (RSU) | 207,179 | 0.0000 | 12/10/2019 | N/A |
| Holder (RSU) | 43,339 | 0.0000 | 3/27/2020 | N/A |
| Holder (RSU) | 56,075 | 0.0000 | 4/2/2020 | N/A |
| Holder (RSU) | 113,553 | 0.0000 | 8/19/2020 | N/A |
| Holder (RSU) | 5,124 | 0.0000 | 11/20/2020 | N/A |
| Holder (RSU) | 34,162 | 0.0000 | 11/20/2020 | N/A |
| Holder (RSU) | 2,676 | 0.0000 | 12/29/2020 | N/A |
| 3. | Additional Information | |||
| --- | --- | |||
| (a) | If shareholder approval was required for the grant of options<br>(including prior approval of a stock option plan), state the date that the shareholder meeting approving the grant was or will be held. | |||
| --- | --- |
Not applicable.
| (b) | State the date of the news release announcing the grant of options. |
|---|
Not applicable.
FORM 11 – NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT
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| (c) | State the total issued and outstanding share capital at the<br>date of grant or amendment. |
|---|
Subordinate Voting Shares onlyas of December 31, 2021: 614,136,910
Subordinate Voting Shares and the Multiple Voting Sharescombined as of December 31, 2021: 708,107,615 (the “Outstanding Shares”)
| (d) | State, as a percentage of the issued and outstanding shares<br>of the Issuer indicated in (c) above, the aggregate number of shares that are subject to incentive stock options, including new<br>options, amended options and other presently outstanding options. |
|---|
Approximately 3.586% of theOutstanding Shares
| (e) | If the new options are being granted pursuant to a stock option plan, state the number of remaining shares reserved for issuance under<br>the plan. |
|---|
26,870,932
| (f) | If the Issuer has completed a public distribution of its securities within 90 days of the date of grant, state the per share price<br>paid by the public investors. |
|---|
Not applicable.
| (g) | Describe the particulars of any proposed material changes in the affairs of the Issuer. |
|---|
Not applicable.
| 4. | Certificate of Compliance |
|---|
The undersigned hereby certifies that:
| 1. | The undersigned is a director and/or senior officer of the Issuer and has been duly authorized by a resolution of the board of directors<br>of the Issuer to sign this Certificate of Compliance. |
|---|---|
| 2. | As of the date hereof there is no material information concerning the Issuer which has not been publicly disclosed. |
| --- | --- |
FORM 11 – NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT
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| 3. | The undersigned hereby certifies to the Exchange that the Issuer is in compliance with the requirements of applicable securities legislation<br>(as such term is defined in National Instrument 14-101) and all Exchange Requirements (as defined in CNSX Policy 1). |
|---|---|
| 4. | All of the information in this Form 11 Notice of Proposed Stock Option Grant or Amendment is true. |
| --- | --- |
[signature page follows]
FORM 11 – NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT
Page 12
Dated: April 26, 2022
| Peter<br> Clateman |
|---|
| Name of Director or Senior Officer |
| (signed)<br> Peter Clateman |
| Signature |
| Chief Legal Officer |
| Official Capacity |
FORM 11 – NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT
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