4//SEC Filing
THUT ANDREW 4
Accession 0000950170-24-138185
CIK 0001783875other
Filed
Dec 17, 7:00 PM ET
Accepted
Dec 18, 9:47 PM ET
Size
14.6 KB
Accession
0000950170-24-138185
Insider Transaction Report
Form 4
THUT ANDREW
Chief Investment Officer
Transactions
- Award
Stock Option (right to buy)
2024-12-16+1,965,440→ 14,011,040 totalExercise: $0.01Exp: 2029-12-16→ Class A Subordinate Voting Shares (1,965,440 underlying) - Award
Stock Option (right to buy)
2024-12-16+8,045,600→ 14,011,040 totalExercise: $0.01Exp: 2029-12-16→ Class A Subordinate Voting Shares (8,045,600 underlying) - Disposition to Issuer
Stock Option (right to buy)
2024-12-16−4,000,000→ 0 totalExercise: $0.17Exp: 2028-04-21→ Class A Subordinate Voting Shares (4,000,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2024-12-16−8,045,600→ 0 totalExercise: $0.14Exp: 2028-06-23→ Class A Subordinate Voting Shares (8,045,600 underlying) - Award
Stock Option (right to buy)
2024-12-16+4,000,000→ 14,011,040 totalExercise: $0.01Exp: 2029-12-16→ Class A Subordinate Voting Shares (4,000,000 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 18, 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$1.3387 = US$1.00 as of April 18, 2023.
- [F9]No options vest until April 18, 2024, then 1/24th of the options vest each month.
Documents
Issuer
4Front Ventures Corp.
CIK 0001783875
Entity typeother
Related Parties
1- filerCIK 0001800579
Filing Metadata
- Form type
- 4
- Filed
- Dec 17, 7:00 PM ET
- Accepted
- Dec 18, 9:47 PM ET
- Size
- 14.6 KB