BOEHNER John A. 4
4 · Acreage Holdings, Inc. · Filed Feb 24, 2020
Insider Transaction Report
Form 4
BOEHNER John A.
Director
Transactions
- Award
Common Stock - Class A Subordinate Voting Shares
2020-02-20+41,667→ 109,139 total
Holdings
- 625,000
Class C-1 Units of High Street Capital Partners, LLC
→ Common Stock - Class A Subordinate Voting Shares (625,000 underlying)
Footnotes (2)
- [F1]RSUs vest 100% on February 20, 2021.
- [F2]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. 50% of these Units vested on March 15, 2019, the remaining 50% will vest on March 15, 2020.