Leibowitz Glen S 4
4 · Acreage Holdings, Inc. · Filed Feb 24, 2020
Insider Transaction Report
Form 4
Leibowitz Glen S
Chief Financial Officer
Transactions
- Award
Common Stock - Class A Subordinate Voting Shares
2020-02-20+275,000→ 1,420,903 total - Award
Common Stock - Class A Subordinate Voting Shares
2020-02-20+28,125→ 1,145,903 total
Holdings
- 1,100(indirect: By IRA)
Common Stock - Class A Subordinate Voting Shares
- 240,000
Stock Option (Right to Buy)
Exercise: $25.00Exp: 2028-11-14→ Common Stock - Class A Subordinate Voting Shares (240,000 underlying) - 375,000
Class C-1 Units of High Street Capital Partners, LLC
→ Common Stock - Class A Subordinate Voting Shares (375,000 underlying)
Footnotes (4)
- [F1]These RSUs vested immediately. The shares underlying the RSUs will be issued within 30 days of grant.
- [F2]RSUs vest one-third on each of February 20, 2021, February 20, 2022 and February 20, 2023.
- [F3]One-third of the options vested on November 14, 2019. The remaining options vest ratably over the subsequent eight quarters.
- [F4]These Units represent a profits interest security and are convertible into Common Units of High Street Capital Partners, LLC at a ratio as determined by the High Street Capital Partners, LLC Third Amended and Restated Operating Agreement. Common Units are convertible into Class A Subordinate Voting Shares on a 1:1 basis or cash equivalent thereof at the option of Acreage Holdings, Inc. as set forth in the High Street Capital Partners, LLC Third Amended and Restated Operating Agreement. These Units vest 100% on March 15, 2020.