Home/Filings/4/0001567619-21-000361
4//SEC Filing

Murphy Kevin P 4

Accession 0001567619-21-000361

CIK 0001762359other

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 6:26 PM ET

Size

14.0 KB

Accession

0001567619-21-000361

Insider Transaction Report

Form 4
Period: 2020-12-31
Murphy Kevin P
DirectorChairman and CEO10% Owner
Transactions
  • Award

    Common Stock - Class D Subordinate Voting Shares

    2020-12-31+178,660650,982 total
  • Award

    Stock Option (Right to Buy)

    2020-12-31+19,51219,512 total
    Exercise: $2.05Exp: 2025-12-31Common Stock - Class D Subordinate Voting Shares (19,512 underlying)
  • Award

    Common Stock - Class E Subordinate Voting Shares

    2020-12-31+21,8251,123,909 total
Holdings
  • Common Stock - Class D Subordinate Voting Shares

    (indirect: By LLC)
    195,000
  • Common Stock - Class D Subordinate Voting Shares

    (indirect: By Trust)
    1,162,224
  • Common Stock - Class E Subordinate Voting Shares

    (indirect: By Trust)
    2,711,856
  • Common Stock - Class E Subordinate Voting Shares

    (indirect: By LLC)
    455,000
  • Common Units of High Street Capital Partners, LLC

    See Footnote (15,957,908 underlying)
    15,957,908
Footnotes (4)
  • [F1]78,049 of the RSUs vest ratably over the subsequent four quarters.
  • [F2]Pursuant to the Amended Arrangement between Canopy Growth Corporation and Acreage Holdings, Inc., implemented on September 23, 2020, Acreage's articles have been amended to create new Class E subordinate voting shares (the "Fixed Shares"), Class D subordinate voting shares (the "Floating Shares") and Class F multiple voting shares (the "Fixed Multiple Shares"). Each existing Class A subordinate voting share of Acreage (each, a "Subordinate Voting Share") has been exchanged for 0.7 of a Fixed Share and 0.3 of a Floating Share, each existing Class B proportionate voting share (each, a "Proportionate Voting Share") has been exchanged for 28 Fixed Shares and 12 Floating Shares and each existing Class C multiple share (each, a "Multiple Voting Share") has been exchanged for 0.7 of a Fixed Multiple Share and 0.3 of a Floating Share.
  • [F3]Options vest ratably over the subsequent four quarters.
  • [F4]These Units are convertible into 0.7 of a Class E subordinate voting share and 0.3 of a Class D subordinate voting share or the 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.

Documents

1 file

Issuer

Acreage Holdings, Inc.

CIK 0001762359

Entity typeother

Related Parties

1
  • filerCIK 0001797206

Filing Metadata

Form type
4
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 6:26 PM ET
Size
14.0 KB