1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Stock options (right to buy)
|
(1)
|
12/10/2025 |
Subordinate Voting Shares
|
40,000
|
$
0.68
|
D
|
|
Stock options (right to buy)
|
(2)
|
01/01/2026 |
Subordinate Voting Shares
|
15,000
|
$
0.85
|
D
|
|
Stock options (right to buy)
|
(3)
|
04/15/2026 |
Subordinate Voting Shares
|
300,000
|
$
0.346
|
D
|
|
Restricted Stock Units
|
(4)
|
01/01/2024 |
Subordinate Voting Shares
|
85,000
|
$
(5)
|
D
|
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
25% of the options are vested and exercisable as of the date of this Form 3. The remainder of the options vest and become exercisable in 3 equal annual installments beginning on December 10, 2021. |
(2) |
25% of the options are vested and exercisable as of the date of this Form 3. The remainder of the options vest and become exercisable in 3 equal annual installments beginning on January 1, 2022. |
(3) |
25% of the options are vested and exercisable as of the date of this Form 3. The remainder of the options vest and become exercisable in 3 equal annual installments beginning on April 15, 2022. |
(4) |
The restricted stock units vest in three equal annual installments beginning on January 1, 2022. |
(5) |
Each restricted stock unit represents a contingent right to receive one Subordinate Voting Share on the applicable vesting date. |