GULATI CHETAN 4
4 · 4Front Ventures Corp. · Filed Jun 13, 2022
Insider Transaction Report
Form 4
GULATI CHETAN
Director
Transactions
- Other
Class A Subordinate Voting Shares
2022-06-09−2,895,315→ 24,279,427 total(indirect: By LLC) - Sale
Class A Subordinate Voting Shares
2022-06-10$0.68/sh−300,000$204,000→ 23,979,427 total(indirect: By LLC)
Footnotes (4)
- [F1]Navy Capital Green Co-Invest Fund, LLC distributed 2,895,315 of Class A Subordinate Voting Shares as an in-kind distribution to a redeeming member.
- [F2]The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his indirect pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, or for any other purposes.
- [F3]The Reporting Person has voting and dipositive control over these shares as he is Managing Member, Head of Research and sits on the investment committee of Navy Capital Green Management, LLC, the investment advisor to Navy Capital Green Fund, LP and Navy Capital Green Co-Invest Fund, LLC and manager of Navy Capital Green Holdings, LLC.
- [F4]The selling price is CAD 0.8719, or US$0.68 per share of Class A Subordinate Voting Shares sold.