Michael Kronberg - Jan 10, 2025 Form 4 Insider Report for 4Front Ventures Corp. (FFNTF)

Role
Chief Financial Officer
Signature
/s/ Christopher Wimmer, as Attorney-in-Fact for Michael Kronberg
Stock symbol
FFNTF
Transactions as of
Jan 10, 2025
Transactions value $
$0
Form type
4
Date filed
2/12/2025, 08:15 PM
Previous filing
Feb 12, 2025
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 Option to purchase SVS Award +150K 150K Jan 10, 2025 SVS 150K $0.03 Direct F1, F2, F3, F4
transaction FFNTF Option to purchase SVS Disposed to Issuer -150K -100% 0 Jan 10, 2025 SVS 150K $0.10 Direct F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 "SVS" means the Issuer's Class A Subordinate Voting Shares.
F2 Converted from CAD $0.05 using Bank of Canada CAD-USD exchange rate of 1.4422 as of January 10, 2025.
F3 No options are exercisable until March 27, 2025. The options then vest 1/24th monthly.
F4 The reporting person agreed to the cancellation of an option granted March 27, 2024 in exchange for a new option with a lower price.
F5 Converted from CAD $0.14 using Bank of Canada CAD-USD exchange rate of 1.3587 on March 27, 2024.

Remarks:

Exhibit 24 - Power of Attorney