Wicklow Capital Inc. 3
3 · MedMen Enterprises, Inc. · Filed Dec 8, 2020
Insider Transaction Report
Form 3
Wicklow Capital Inc.
10% Owner
Holdings
- 12,195,122(indirect: By Milestone Investments, LP. See footnotes 1, 2 and 3.)
Class B Subordinate Voting Shares
- 6,395,433(indirect: By Clarence, LP. See footnotes 1, 2 and 3.)
Class B Subordinate Voting Shares
- (indirect: By Clarence, LP. See footnotes 1 and 2.)
Class B Common Shares
→ Class B Subordinate Voting Shares (26,903,977 underlying) - 5,262,729(indirect: By Clarence, LP. See footnotes 1 and 2.)
Class B Subordinate Voting Shares
- 37,726,860(indirect: By Milestone Investments, LP. See footnotes 1 and 2.)
Class B Subordinate Voting Shares
Footnotes (5)
- [F1]This Form 3 is being filed jointly by Wicklow Capital, Inc., an Illinois corporation ("Wicklow"), Milestone Investments, LP, an Alaska limited partnership ("Milestone"), the Dan Tierney & Daniel V. Tierney 2003 Trust (the "Trust") and Daniel V. Tierney (collectively, the "Reporting Persons").
- [F2]Wicklow is the general partner of each of Milestone and Clarence LP ("Clarence"). The Trust is the sole stockholder of Wicklow and the sole limited partner of Milestone and Clarence. Daniel V. Tierney is the trustee and sole beneficiary of the Trust and has voting and/or dispositive power over the securities of Issuer held by Wicklow, Milestone and Clarence. As a result, Daniel V. Tierney and the Trust may be deemed to indirectly beneficially own the securities of Issuer held by Wicklow, Milestone and Clarence. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest, if any, therein.
- [F3]These shares have been loaned to a third party however the owner retains voting rights.
- [F4]Class B Common Shares ("Class B Shares) of MM CAN USA, Inc., a California corporation ("MM CAN").
- [F5]Class B Shares may be exchanged or redeemed for Class B Subordinate Voting Shares ("Subordinate Voting Shares") of Issuer as specified in MM CAN's articles of incorporation. Upon exercise of a redemption or exchange right, MM CAN will repurchase for cancellation each Class B Share submitted for redemption or exchange in consideration for either, at MM CAN's election, one Subordinate Voting Share or a cash amount equal to the cash settlement amount applicable to such Subordinate Voting Share (which cash settlement amount would be equal to the five-day VWAP for the Subordinate Voting Shares on the principal securities exchange on which the Subordinate Voting Shares are traded, ending on the last trading day immediately prior to the applicable date of redemption or exchange); provided that MM CAN may assign to Issuer its rights and obligations to effect a redemption or exchange directly with the redeeming holder.