Form 4: Jushi Holdings Director Marina Hahn Reports Stock Option Cancellation and Regrant

Director Marina Hahn reports the cancellation of a stock option for 80,000 shares of Jushi Holdings' Subordinate Voting Shares and the anticipated regrant of a replacement option.

Summary

• On August 14, 2024, Marina Hahn, a director of Jushi Holdings Inc., reported the cancellation of a stock option for 80,000 subordinate voting shares.
• The option, originally granted on July 1, 2023, with an exercise price of $1.93, was canceled under the issuer's option regrant program.
• Hahn is expected to receive a replacement option for 80,000 shares around September 17, 2024.

Sentiment

Score: 6

Explanation: The document describes a routine stock option adjustment. It's neither particularly positive nor negative, hence a neutral sentiment score.

Future Outlook

The reporting person will receive a replacement option for 80,000 shares on or about September 17, 2024.

Industry Context

Stock option regrant programs are common in publicly traded companies as a way to incentivize and retain key personnel. The cancellation and regrant suggest an adjustment to the terms of the original option grant, potentially to align with current market conditions or company performance.

Stakeholder Impact

• The stock option regrant program may impact shareholder equity and dilution.

Key Dates