Robert Hunt - 05 Dec 2022 Form 4 Insider Report for 4Front Ventures Corp. (FFNTF)

Role
Director
Signature
/s/ Robert Hunt
Issuer symbol
FFNTF
Transactions as of
05 Dec 2022
Net transactions value
$0
Form type
4
Filing time
09 Dec 2022, 16:31:00 UTC
Previous filing
11 Jul 2023
Next filing
09 Jul 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FFNTF Stock Option (right to buy) Award $0 -450,000 -30% $0.000000 1,050,000 05 Dec 2022 Class A Subordinate Voting Shares 450,000 $0.5200 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Converted from Canadian exercise price of C$0.70 using an exchange rate of C$1.3532 = US$1.00 as of December 5, 2022.
F2 Includes options to purchase 600,000 Class A Subordinate Voting Shares ("SVS") at a price of $0.67 per share.
F3 Stock options vest in monthly 1/24th increments beginning on December 5, 2023.