Home/Filings/4/0001829126-22-005548
4//SEC Filing

Gotham Green Partners LLC 4

Accession 0001829126-22-005548

CIK 0001776932other

Filed

Mar 7, 7:00 PM ET

Accepted

Mar 8, 3:43 PM ET

Size

20.0 KB

Accession

0001829126-22-005548

Insider Transaction Report

Form 4
Period: 2022-03-04
Transactions
  • Other

    Top-Up Warrant

    2022-03-04+57,85957,859 total(indirect: By LLC)
    Exercise: $0.16From: 2022-03-04Class B Subordinate Voting Shares (57,859 underlying)
  • Other

    Top-Up Warrant

    2022-03-04+565,890565,890 total(indirect: By LLC)
    Exercise: $0.16From: 2022-03-04Class B Subordinate Voting Shares (565,890 underlying)
  • Other

    Top-Up Warrant

    2022-03-04+354,827354,827 total(indirect: By LLC)
    Exercise: $0.16From: 2022-03-04Class B Subordinate Voting Shares (354,827 underlying)
  • Other

    Top-Up Warrant

    2022-03-04+336,757336,757 total(indirect: By LLC)
    Exercise: $0.16From: 2022-03-04Class B Subordinate Voting Shares (336,757 underlying)
  • Other

    Top-Up Warrant

    2022-03-04+31,35531,355 total(indirect: By LLC)
    Exercise: $0.16From: 2022-03-04Class B Subordinate Voting Shares (31,355 underlying)
  • Other

    Top-Up Warrant

    2022-03-04+125,439125,439 total(indirect: By LLC)
    Exercise: $0.16From: 2022-03-04Class B Subordinate Voting Shares (125,439 underlying)
Footnotes (4)
  • [F1]Top-Up Warrants exercisable for Class B Subordinate Voting Shares ("Shares") were issued by MedMen Enterprises Inc. ("MedMen") pursuant to the terms of the Fourth Amended and Restated Securities Purchase Agreement dated August 17, 2021 (the "Convertible Facility") in connection with the issuance of Shares by MedMen as part of the Sixth Modification to its Senior Secured Commercial Loan Agreement, which automatically triggered the right of holders of convertible notes issued under the Convertible Facility to be issued on an involuntary basis five-year warrants in order to maintain their pro rata ownership interest (on a partially diluted basis) in Shares.
  • [F2]The Top-Up Warrants expire on the earlier of the date that is (i) February 2, 2027, and (ii) the date that is the later of (A) 90 days after the Triggering Event (as defined in the Convertible Facility), or (B) if later than the date determined pursuant to the immediately preceding clause (A), 90 days after the issuance of all Shares issued pursuant to the Top-Up Warrant Triggering Event (as defined therein).
  • [F3]Gotham Green Partners, LLC is the SEC registered investment adviser to the Gotham funds. Gotham Green GP 1, LLC is the general partner of Gotham Green Fund 1, L.P. and Gotham Green Fund 1 (Q), L.P. Gotham Green GP II, LLC is the general partner to Gotham Green Fund II, L.P. and Gotham Green Fund II (Q), L.P. Gotham Green Partners SPV IV GP, LLC is the general partner of Gotham Green Partners SPV IV, L.P., and Gotham Green Partners SPV VI GP, LLC is the general partner of Gotham Green Partners SPV VI, L.P. The Filer disclaims beneficial ownership of these securities except to the extent of the Filer's pecuniary interest therein.
  • [F4]Amounts reported are held indirectly by the following funds: Gotham Green Fund 1, L.P, Gotham Green Fund 1 (Q), L.P., Gotham Green Fund II, L.P., Gotham Green Fund II (Q), L.P., Gotham Green Partners SPV IV, L.P. and Gotham Green Partners SPV VI, L.P. each of which is the sole member of the following entities, respectively: Gotham Green Fund 1 HoldCo, LLC, Gotham Green Fund 1 (Q) HoldCo, LLC, Gotham Green Fund II HoldCo, LLC, Gotham Green Fund II (Q) HoldCo, LLC, Gotham Green Partners SPV IV HoldCo, LLC, and Gotham Green Partners SPV VI HoldCo, LLC. See also footnote (3).

Issuer

MedMen Enterprises, Inc.

CIK 0001776932

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001796617

Filing Metadata

Form type
4
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 3:43 PM ET
Size
20.0 KB