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Bullboard - Stock Discussion Forum OrganiGram Holdings Inc T.OGI

Alternate Symbol(s):  OGI

Organigram Holdings Inc. operates through its subsidiaries. The Company’s major wholly owned subsidiaries include Organigram Inc., 10870277 Canada Inc., The Edibles and Infusions Corporation (EIC), and Laurentian Organic Inc. (Laurentian). Organigram Inc. is a licensed producer (LP) of cannabis, cannabis-derived products and cannabis infused edibles in Canada. It is focused on producing... see more

TSX:OGI - Post Discussion

OrganiGram Holdings Inc > RE:RE:RE:OGI sold shares at $2.15
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Post by Duster340 on Mar 28, 2024 4:07pm

RE:RE:RE:OGI sold shares at $2.15

that was an exercise of rights of 11K  rsu vested, money was then re-invested back into the stock probly automaticly done, then same day she decided to cash it out same amount 11K

Mar 22/24 Mar 20/24 McFadden, Katrina May Direct Ownership Common Shares 57 - Exercise of rights 11,000  
Mar 22/24 Mar 20/24 McFadden, Katrina May Direct Ownership Rights RSUs - 2020 Omnibus Equity Incentive Plan 57 - Exercise of rights -11,000
 
Comment by fourwinns55 on Mar 28, 2024 9:41pm
Generally speaking, when your RSUs vest, you gain full rights and ownership to the value of the units. To cover the income tax need, you may do a net exercise, cashless exercise, or cash exercise. You may still owe additional tax at the end of the year, depending on your specific tax returns.