Nicole Frederick - Sep 1, 2023 Form 4 Insider Report for 4Front Ventures Corp. (FFNTF)

Role
Interim Chief Financial Officer
Signature
/s/ Nicole Frederick
Stock symbol
FFNTF
Transactions as of
Sep 1, 2023
Transactions value $
$0
Form type
4
Date filed
9/27/2023, 10:38 AM
Previous filing
Sep 27, 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 $0.00 1M Sep 1, 2023 Class A Subordinate Voting Shares 1M $0.16 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