Green Thumb Industries (GTBIF) Form 4 Green Thumb Industries / Anthony Georgiadis ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Georgiadis Anthony

(Last) (First) (Middle)

325 WEST HURON STREET

SUITE 700

(Street)

CHICAGO IL 60654

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Green Thumb Industries Inc. [ GTII/GTBIF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
PRESIDENT

3. Date of Earliest Transaction (Month/Day/Year)
11/08/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Subordinate Voting Shares	11/08/2024		S(1)		889	D	$9.2616(1)	18,302	I	By ABG LLC
Subordinate Voting Shares	11/08/2024		X		62	A	$8.6538(1)	18,364	I	By ABG LLC
Subordinate Voting Shares	11/08/2024		S(2)		249	D	$9.2616(2)	1,710	I	By Three One Four Holdings LLC
Subordinate Voting Shares	11/08/2024		X		18	A	$8.6538(2)	1,728	I	By Three One Four Holdings LLC
Subordinate Voting Shares								922,559	D
Super Voting Shares								37,682	D
Super Voting Shares								1,589	I	By ABG LLC
Super Voting Shares								1,333	I	By Three One Four Holdings LLC

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrants (Right to Buy)	$8.6538(1)	11/08/2024		X			951	11/09/2019	11/09/2024	Subordinate Voting Shares	951	$0	0	I	By ABG LLC
Warrants (Right to Buy)	$8.6538(2)	11/08/2024		X			267	11/09/2019	11/09/2024	Subordinate Voting Shares	267	$0	0	I	By Three One Four Holdings LLC

Explanation of Responses:

1. On November 8, 2024, the reporting person exercised warrants to purchase 951 Subordinate Voting Shares of the Issuer for $8.6538 per share (CAN$12.0384). The reporting person paid the exercise price on a cashless basis, resulting in the Issuer withholding 889 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 62 shares.

2. On November 8, 2024, the reporting person exercised warrants to purchase 267 Subordinate Voting Shares of the Issuer for $8.6538 per share (CAN$12.0384). The reporting person paid the exercise price on a cashless basis, resulting in the Issuer withholding 249 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 18 shares.

	/s/ Kathryn A. Lloyd, Attorney-in-Fact	11/12/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (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).
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