4//SEC Filing
THUT ANDREW 4
Accession 0000899243-23-016745
CIK 0001783875other
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 1:16 PM ET
Size
16.5 KB
Accession
0000899243-23-016745
Insider Transaction Report
Form 4
THUT ANDREW
Chief Investment Officer
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2023-06-23−5,045,600→ 5,965,040 totalExercise: $0.46From: 2022-11-16Exp: 2027-11-16→ Class A Subordinate Voting Shares (5,045,600 underlying) - Disposition to Issuer
Stock Option (right to buy)
2023-06-23−500,000→ 5,965,040 totalExercise: $0.76Exp: 2024-08-22→ Class A Subordinate Voting Shares (500,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2023-06-23−500,000→ 5,965,040 totalExercise: $0.65Exp: 2025-09-15→ Class A Subordinate Voting Shares (500,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2023-06-23−2,000,000→ 5,965,040 totalExercise: $1.23Exp: 2026-03-18→ Class A Subordinate Voting Shares (2,000,000 underlying) - Award
Stock Option (right to buy)
2023-06-23+8,045,600→ 14,011,040 totalExercise: $0.14Exp: 2028-06-23→ Class A Subordinate Voting Shares (8,045,600 underlying)
Footnotes (13)
- [F1]Converted from Canadian exercise price of C$1.00 using an exchange rate of C$1.3199 = US$1.00 as of June 23, 2023.
- [F10]Converted from Canadian exercise price of C$0.61 using an exchange rate of C$1.3199 = US$1.00 as of June 23, 2023.
- [F11]The reporting person agreed to cancellation of an option granted to him on November 16, 2022, in exchange for a new option having a lower exercise price.
- [F12]Converted from Canadian exercise price of C$0.19 using an exchange rate of C$1.3199 = US$1.00 as of June 23, 2023.
- [F13]The options will vest 1/3rd on December 23, 2023, 1/3rd on June 23, 2024, and 1/3rd on December 23, 2024.
- [F2]The option was granted on August 22, 2019 and vested as follows: one-third on August 22, 2020, one-third on August 21, 2021, and one-third on August 22, 2022.
- [F3]The reporting person agreed to cancellation of an option granted to him on August 22, 2019, in exchange for a new option having a lower exercise price.
- [F4]Converted from Canadian exercise price of C$0.86 using an exchange rate of C$1.3199 = US$1.00 as of June 23, 2023.
- [F5]The option was granted on September 15, 2020 and vested as follows: one-half on March 15, 2021, and one-half on September 15, 2021.
- [F6]The reporting person agreed to cancellation of an option granted to him on September 15, 2020, in exchange for a new option having a lower exercise price.
- [F7]Converted from Canadian exercise price of C$1.63 using an exchange rate of C$1.3199 = US$1.00 as of June 23, 2023.
- [F8]The option was granted on March 21, 2021 and vested in three equal installments on each of September 18, 2021, March 18, 2022, and September 18, 2022.
- [F9]The reporting person agreed to cancellation of an option granted to him on March 21, 2021, in exchange for a new option having a lower exercise price.
Documents
Issuer
4Front Ventures Corp.
CIK 0001783875
Entity typeother
Related Parties
1- filerCIK 0001800579
Filing Metadata
- Form type
- 4
- Filed
- Jun 29, 8:00 PM ET
- Accepted
- Jun 30, 1:16 PM ET
- Size
- 16.5 KB