Ayr Wellness Inc. Annual reports filed by certain Canadian issuers pursuant to Section 15(d) and Rule 15d-4

Annual reports filed by certain Canadian issuers pursuant to Section 15(d) and Rule 15d-4

STOCK-BASED COMPENSATION (Tables)

STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2021

STOCK-BASED COMPENSATION

Schedule of activity for restricted stock units


				Weighted
				Average Grant
		Number		Date Fair Value
RSUs outstanding and nonvested, as of January 1, 2020		3,835,150		$	17.49
Granted		400,000		$	8.41
RSUs outstanding and nonvested, as of December 31, 2020		4,235,150		$	16.63
Granted		5,781,031			17.79
Vested		(1,916,045)			(18.44)
RSUs outstanding and nonvested, as of December 31, 2021		8,100,136		$	18.83

Schedule of replacement options


				Weighted Average
		Number of options		Fair Value
Balance as of December 31, 2020		–		$	–
Replacement options issued		248,412			17.93
Options exercised		(37,234)			17.93
Options sold to cover income taxes		(13,347)			17.93
Balance as of December 31, 2021		197,831			17.93