4//SEC Filing
Leibowitz Glen S 4
Accession 0001567619-20-005354
CIK 0001762359other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 5:36 PM ET
Size
8.6 KB
Accession
0001567619-20-005354
Insider Transaction Report
Form 4
Leibowitz Glen S
Chief Financial Officer
Transactions
- Sale
Common Stock - Class A Subordinate Voting Shares
2020-02-28$3.97/sh−20,464$81,207→ 1,400,439 total
Holdings
- 240,000
Stock Option (Right to Buy)
Exercise: $25.00Exp: 2028-11-14→ Common Stock - Class A Subordinate Voting Shares (240,000 underlying) - 1,100(indirect: By IRA)
Common Stock - Class A Subordinate Voting Shares
- 375,000
Class C-1 Units of High Street Capital Partners, LLC
→ Common Stock - Class A Subordinate Voting Shares (375,000 underlying)
Footnotes (3)
- [F1]Shares sold to pay taxes applicable to vesting of restricted stock units.
- [F2]One-third of the options vested on November 14, 2019. The remaining options vest ratably over the subsequent eight quarters.
- [F3]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.
Documents
Issuer
Acreage Holdings, Inc.
CIK 0001762359
Entity typeother
Related Parties
1- filerCIK 0001796877
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 5:36 PM ET
- Size
- 8.6 KB