Keith Adams - May 29, 2023 Form 4/A - Amendment Insider Report for 4Front Ventures Corp. (FFNTF)

Role
CFO
Signature
/s/ Keith Adams
Stock symbol
FFNTF
Transactions as of
May 29, 2023
Transactions value $
$0
Form type
4/A - Amendment
Date filed
6/2/2023, 08:01 PM
Date Of Original Report
Jan 13, 2023
Previous filing
Jan 13, 2023
Next filing
Jul 28, 2023

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 +1M +100% $0.00 2M May 29, 2023 Class A Subordinate Voting Shares 1M $0.16 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$0.22 using an exchange rate of C$1.3593 = US$1.00 as of May 29, 2023.
F2 This amendment being is filed to correct the transaction and expiration dates; the options were granted effective upon execution of Mr. Adams's employment agreement, which was not executed until May 29, 2023.
F3 No options vest until June 8, 2023, then 1/12th of the options vest each month.