Murphy Kevin P 4

4 · Acreage Holdings, Inc. · Filed Oct 4, 2021

Form 4

Period: 2021-10-01

DirectorChairman and CEO10% Owner

Transactions

Purchase
Common Stock - Class E Subordinate Voting Shares
2021-10-01$2.26/sh+16,000$36,096→ 1,192,687 total

Holdings

Common Stock - Class E Subordinate Voting Shares
(indirect: By LLC)
455,000
Common Stock - Class D Subordinate Voting Shares
(indirect: By LLC)
195,000
Common Stock - Class D Subordinate Voting Shares
(indirect: By Trust)
1,162,224
Stock Option (Right to Buy)
Exercise: $2.05Exp: 2025-12-31→ Common Stock - Class D Subordinate Voting Shares (19,512 underlying)
19,512
Common Stock - Class D Subordinate Voting Shares
670,982
Common Stock - Class E Subordinate Voting Shares
(indirect: By Trust)
2,711,856
Common Units of High Street Capital Partners, LLC
→ See Footnote (15,957,908 underlying)
15,957,908

Footnotes (4)

[F1]This purchase occurred as part of a privately negotiated transaction accomplished through a private sale of shares to Mr. Murphy, with the terms of the sale being agreed to in principle between the parties during August 2021.
[F2]The price is based on the closing price of the shares on the OTC on October 1, 2021.
[F3]Options vest ratably over the subsequent four quarters.
[F4]These Units are convertible into 0.7 of a Class E subordinate voting share and 0.3 of a Class D subordinate voting share or the cash equivalent thereof at the option of Acreage Holdings, Inc. as set forth in the High Street Capital Partners, LLC Third Amended and Restated Operating Agreement.

Documents

1 file