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4//SEC Filing

CHOWSCANO KARL 4

Accession 0000950170-24-138183

CIK 0001783875other

Filed

Dec 17, 7:00 PM ET

Accepted

Dec 18, 9:46 PM ET

Size

13.0 KB

Accession

0000950170-24-138183

Insider Transaction Report

Form 4
Period: 2024-12-16
Transactions
  • Award

    Stock Option (right to buy)

    2024-12-16+5,303,20010,303,200 total(indirect: By LLC)
    Exercise: $0.01Exp: 2029-12-16Class A Subordinate Voting Shares (5,303,200 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2024-12-165,303,2000 total(indirect: By LLC)
    Exercise: $0.14Exp: 2028-06-23Class A Subordinate Voting Shares (5,303,200 underlying)
  • Award

    Stock Option (right to buy)

    2024-12-16+5,000,00010,303,200 total(indirect: By LLC)
    Exercise: $0.01Exp: 2029-12-16Class A Subordinate Voting Shares (5,000,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2024-12-165,000,0000 total(indirect: By LLC)
    Exercise: $0.17Exp: 2028-04-21Class A Subordinate Voting Shares (5,000,000 underlying)
Footnotes (9)
  • [F1]Converted from CAD$0.02 based on CAD-USD Bank of Canada exchange rate of 1.4239 on December 16, 2024.
  • [F2]Two-thirds of the options vested upon grant, and one-third of the options vest on December 31, 2024.
  • [F3]The Reporting Person agreed to cancellation of an option granted on June 23, 2023, in exchange for a new option having a lower exercise price.
  • [F4]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.
  • [F5]The options vested one-third on December 23, 2023, one-third on June 23, 2024, and one-third on December 23, 2024.
  • [F6]Fully vested upon grant.
  • [F7]The Reporting Person agreed to cancellation of an option granted on April 21, 2023, in exchange for a new option having a lower exercise price.
  • [F8]Converted from Canadian exercise price of C$0.23 using an exchange rate of C$1.3539 = US$1.00 as of April 21, 2023.
  • [F9]Fully vested upon grant.

Documents

1 file

Issuer

4Front Ventures Corp.

CIK 0001783875

Entity typeother

Related Parties

1
  • filerCIK 0001800583

Filing Metadata

Form type
4
Filed
Dec 17, 7:00 PM ET
Accepted
Dec 18, 9:46 PM ET
Size
13.0 KB