Caldini Filippo 4
4 · Acreage Holdings, Inc. · Filed Apr 12, 2022
Insider Transaction Report
Form 4
Acreage Holdings, Inc.ACRG.A.U
Caldini Filippo
Chief Executive Officer
Transactions
- Sale
Common Stock - Class E Subordinate Voting Shares
2022-04-08$1.64/sh−31,346$51,338→ 405,392 total
Holdings
- 266,965
Common Stock - Class D Subordinate Voting Shares
- 241,464
Stock Option (Right to Buy)
Exercise: $2.05Exp: 2025-12-31→ Common Stock - Class D Subordinate Voting Shares (241,464 underlying) - 366,667
Stock Option (Right to Buy)
Exercise: $3.15Exp: 2025-12-31→ Common Stock - Class E Subordinate Voting Shares (366,667 underlying)
Footnotes (3)
- [F1]Shares sold to pay taxes applicable to vesting of restricted stock units.
- [F2]58,537 vest one third on the first three anniversary dates of the date of grant. 36,585 vest immediately upon the Committee's determination that Acreage achieved 100% or more of the Consolidated Adj. EBTIDA Target for its fiscal 2022 year. 146,342 are subject to performance-based vesting under which 50% of the Award will vest if the Board determines that the Company achieved at least 90% of the Consolidated Adjusted EBITDA Target for its fiscal 2021 year and 50% of the Award will be subject to performance-based vesting under which 50% of the Award will vest if the Board determines that the Company achieved at least 90% of the Consolidated Adjusted EBITDA Target for its fiscal 2022 year.
- [F3]88,889 vest one third on the first three anniversary dates of the date of grant. 55,556 vest immediately upon the Committee's determination that Acreage achieved 100% or more of the Consolidated Adj. EBTIDA Target for its fiscal 2022 year. 222,222 are subject to performance-based vesting under which 50% of the Award will vest if the Board determines that the Company achieved at least 90% of the Consolidated Adjusted EBITDA Target for its fiscal 2021 year and 50% of the Award will be subject to performance-based vesting under which 50% of the Award will vest if the Board determines that the Company achieved at least 90% of the Consolidated Adjusted EBITDA Target for its fiscal 2022 year.