Home/Filings/4/0000899243-23-016754
4//SEC Filing

CHOWSCANO KARL 4

Accession 0000899243-23-016754

CIK 0001783875other

Filed

Jun 29, 8:00 PM ET

Accepted

Jun 30, 1:27 PM ET

Size

13.9 KB

Accession

0000899243-23-016754

Insider Transaction Report

Form 4
Period: 2023-06-23
Transactions
  • Disposition to Issuer

    Stock Option (right to buy)

    2023-06-231,500,0005,000,000 total
    Exercise: $0.76Exp: 2024-08-22Class A Subordinate Voting Shares (1,500,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2023-06-232,000,0005,000,000 total
    Exercise: $0.65Exp: 2025-09-15Class A Subordinate Voting Shares (2,000,000 underlying)
  • Award

    Stock Option (right to buy)

    2023-06-23+5,303,20010,303,200 total(indirect: By LLC)
    Exercise: $0.14Exp: 2028-06-23Class A Subordinate Voting Shares (5,303,200 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2023-06-231,803,2005,000,000 total
    Exercise: $0.46From: 2022-11-16Exp: 2027-11-16Class A Subordinate Voting Shares (1,803,200 underlying)
Footnotes (10)
  • [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]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$0.61 using an exchange rate of C$1.3199 = US$1.00 as of June 23, 2023.
  • [F8]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.
  • [F9]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.

Issuer

4Front Ventures Corp.

CIK 0001783875

Entity typeother

Related Parties

1
  • filerCIK 0001800583

Filing Metadata

Form type
4
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 1:27 PM ET
Size
13.9 KB