Company: JUSHF
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001628280-25-019342
Chunk: 25

Company: Jushi Holdings Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 25
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rules, at an exercise price per subordinate voting share equal to the fair market value of a subordinate voting share on the grant date subject to certain limitations set forth in the Company’s 2019 Equity Incentive Plan. Mr. Cacioppo, Mr. Barack, Mrs. Lebowitz and the non-employee directors all elected to participate in such program. Consequently, on September 13, 2024, Mr. Cacioppo had 2,385,000 options repriced from $2.00 per subordinate voting share to $0.54 per subordinate voting share and 3,000,000 options repriced from $1.93 per subordinate voting share to $0.54 per subordinate voting share. The vesting schedule with respect to 5,385,000 of Mr. Cacioppo's replacement options restarted on the replacement option grant date, and vests in two equal installments measured from the replacement option grant date, with the first installment vesting immediately and the second installment vesting one year from replacement option grant date. Mr. Barack had 793,000 options repriced from $2.00 per subordinate voting share to $0.54 per subordinate voting share and 1,000,000 options repriced from $1.93 per subordinate voting share to $0.54 per subordinate voting share. The vesting schedule with respect to 1,793,000 of Mr. Barack's replacement options restarted on the replacement option grant date, and vests in three equal annual installments measured from the replacement option grant date. Ms. Lebowitz had 250,000 options repriced from $2.00 per subordinate voting share to $0.54 per subordinate voting share and 340,000 options repriced from $1.93 per subordinate voting share to $0.54 per subordinate voting share. The vesting schedule with respect to 590,000 of Ms. Lebowitz replacement options restarted on the replacement option grant date, and vests in three equal annual installments measured from the replacement option grant date. Our non-employee directors, Mr. Wafford, Mr. Cross, Mr. Monroe and Ms. Hahn, elected to participate in such program. Consequently, on September 13, 2024, the non-employee directors collectively had 13,952 options repriced from $5.71 per subordinate voting share to $0.54 per subordinate voting share, 280,000 options repriced from $1.93 per subordinate voting share