Nicole Frederick - 01 Sep 2023 Form 4 Insider Report for 4Front Ventures Corp. (FFNTF)

Role
Interim Chief Financial Officer
Signature
/s/ Nicole Frederick
Issuer symbol
FFNTF
Transactions as of
01 Sep 2023
Net transactions value
$0
Form type
4
Filing time
27 Sep 2023, 10:38:08 UTC
Previous filing
27 Sep 2023
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 +1,000,000 $0.000000 1,000,000 01 Sep 2023 Class A Subordinate Voting Shares 1,000,000 $0.1600 Direct F1, F2
* 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$1.35 = US$1.00.
F2 This option was granted on September 1, 2023, 500,000 of which vested immediately. Thereafter, 1/24th of the remaining option will vest monthly.

Remarks:

Interim Chief Financial Officer