Leibowitz Glen S 4
4 · Acreage Holdings, Inc. · Filed Aug 18, 2020
Insider Transaction Report
Form 4
Leibowitz Glen S
Chief Financial Officer
Transactions
- Sale
Common Stock - Class A Subordinate Voting Shares
2020-08-18$2.89/sh−124,705$360,397→ 1,226,243 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) - 216,064
Common Units of High Street Capital Partners, LLC
→ Common Stock - Class A Subordinate Voting Shares (216,064 underlying)
Footnotes (3)
- [F1]Shares sold solely for the purpose of paying taxes applicable as a result of the 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 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