Murphy Kevin P 4
4 · Acreage Holdings, Inc. · Filed Aug 26, 2021
Insider Transaction Report
Form 4
Acreage Holdings, Inc.ACRG.A.U
Murphy Kevin P
DirectorChairman and CEO10% Owner
Transactions
- Purchase
Common Stock - Class E Subordinate Voting Shares
2021-08-24$3.05/sh+10,000$30,497→ 1,176,687 total
Holdings
- 455,000(indirect: By LLC)
Common Stock - Class E Subordinate Voting Shares
- 1,162,224(indirect: By Trust)
Common Stock - Class D Subordinate Voting Shares
- 670,982
Common Stock - Class D Subordinate Voting Shares
- 195,000(indirect: By LLC)
Common Stock - Class D Subordinate Voting Shares
- 2,711,856(indirect: By Trust)
Common Stock - Class E Subordinate Voting Shares
- 19,512
Stock Option (Right to Buy)
Exercise: $2.05Exp: 2025-12-31→ Common Stock - Class D Subordinate Voting Shares (19,512 underlying) - 15,957,908
Common Units of High Street Capital Partners, LLC
→ See Footnote (15,957,908 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. The prices actually received ranged from $3.038 to $3.05. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
- [F2]Options vest ratably over the subsequent four quarters.
- [F3]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.