GONTMAKHER LEONID 4

4 · 4Front Ventures Corp. · Filed Jun 30, 2023

Form 4

Period: 2023-06-23

Director

Transactions

Disposition to Issuer
Stock Option (right to buy)
2023-06-23−3,000,000→ 0 total
Exercise: $0.58→ Class A Subordinate Voting Shares (3,000,000 underlying)
Award
Stock Option (right to buy)
2023-06-23+3,700,000→ 3,700,000 total
Exercise: $0.14Exp: 2028-06-23→ Class A Subordinate Voting Shares (3,700,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2023-06-23−700,000→ 0 total
Exercise: $0.76Exp: 2024-08-22→ Class A Subordinate Voting Shares (700,000 underlying)

Footnotes (9)

[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.
[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$0.77 using an exchange rate of C$1.3199 = US$1.00 as of June 23, 2023.
[F5]The option was granted on October 2, 2020 and vests as follows: one-half on April 2, 2021 and one-half on October 2, 2021.
[F6]The option does not expire.
[F7]The reporting person agreed to cancellation of an option granted to him on October 2, 2020, in exchange for a new option having a lower exercise price.
[F8]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.
[F9]The options will vest 1/3rd on December 23, 2023, 1/3rd on June 23, 2024, and 1/3rd on December 23, 2024.

Documents

1 file