4//SEC Filing
Caldini Filippo 4
Accession 0001567619-21-000345
CIK 0001762359other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 6:15 PM ET
Size
13.1 KB
Accession
0001567619-21-000345
Insider Transaction Report
Form 4
Acreage Holdings, Inc.ACRG.A.U
Caldini Filippo
Chief Executive Officer
Transactions
- Award
Common Stock - Class D Subordinate Voting Shares
2020-12-31+300,000→ 300,000 total - Award
Stock Option (Right to Buy)
2020-12-31+366,667→ 366,667 totalExercise: $3.15Exp: 2025-12-31→ Common Stock - Class E Subordinate Voting Shares (366,667 underlying) - Award
Common Stock - Class E Subordinate Voting Shares
2020-12-31+455,556→ 455,556 total - Award
Stock Option (Right to Buy)
2020-12-31+241,464→ 241,464 totalExercise: $2.05Exp: 2025-12-31→ Common Stock - Class D Subordinate Voting Shares (241,464 underlying)
Footnotes (4)
- [F1]117,073 vest one third on the first three anniversary dates of the date of grant. 36,585 vest immediately upon the Committee's determination that Acreage achieved 100% or more of the Consolidated Adj. EBTIDA Target for its fiscal 2022 year. 146,342 are subject to performance-based vesting under which 50% of the Award will vest if the Board determines that the Company achieved at least 90% of the Consolidated Adjusted EBITDA Target for its fiscal 2021 year and 50% of the Award will be subject to performance-based vesting under which 50% of the Award will vest if the Board determines that the Company achieved at least 90% of the Consolidated Adjusted EBITDA Target for its fiscal 2022 year.
- [F2]177,778 vest one third on the first three anniversary dates of the date of grant. 55,556 vest immediately upon the Committee's determination that Acreage achieved 100% or more of the Consolidated Adj. EBTIDA Target for its fiscal 2022 year. 222,222 are subject to performance-based vesting under which 50% of the Award will vest if the Board determines that the Company achieved at least 90% of the Consolidated Adjusted EBITDA Target for its fiscal 2021 year and 50% of the Award will be subject to performance-based vesting under which 50% of the Award will vest if the Board determines that the Company achieved at least 90% of the Consolidated Adjusted EBITDA Target for its fiscal 2022 year.
- [F3]58,537 vest one third on the first three anniversary dates of the date of grant. 36,585 vest immediately upon the Committee's determination that Acreage achieved 100% or more of the Consolidated Adj. EBTIDA Target for its fiscal 2022 year. 146,342 are subject to performance-based vesting under which 50% of the Award will vest if the Board determines that the Company achieved at least 90% of the Consolidated Adjusted EBITDA Target for its fiscal 2021 year and 50% of the Award will be subject to performance-based vesting under which 50% of the Award will vest if the Board determines that the Company achieved at least 90% of the Consolidated Adjusted EBITDA Target for its fiscal 2022 year.
- [F4]88,889 vest one third on the first three anniversary dates of the date of grant. 55,556 vest immediately upon the Committee's determination that Acreage achieved 100% or more of the Consolidated Adj. EBTIDA Target for its fiscal 2022 year. 222,222 are subject to performance-based vesting under which 50% of the Award will vest if the Board determines that the Company achieved at least 90% of the Consolidated Adjusted EBITDA Target for its fiscal 2021 year and 50% of the Award will be subject to performance-based vesting under which 50% of the Award will vest if the Board determines that the Company achieved at least 90% of the Consolidated Adjusted EBITDA Target for its fiscal 2022 year.
Documents
Issuer
Acreage Holdings, Inc.
CIK 0001762359
Entity typeother
Related Parties
1- filerCIK 0001839059
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 6:15 PM ET
- Size
- 13.1 KB