Peter Kampian - 28 Dec 2023 Form 4 Insider Report for 4Front Ventures Corp. (FFNTF)

Role: Chief Financial Officer
Signature: /s/ Peter Kampian
Issuer symbol: FFNTF
Transactions as of: 28 Dec 2023
Net transactions value: $0
Form type: 4
Filing time: 12 Jan 2024, 17:57:59 UTC
Previous filing: 12 Jan 2024
Next filing: 07 May 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	+2,000,000		$0.000000	2,000,000	28 Dec 2023	Class A Subordinate Voting Shares	2,000,000	$0.1080	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This option was granted on December 28, 2023, 500,000 of which vested immediately. Thereafter, 750,000 shall vest upon the timely filing of both the Issuer's annual report on Form 10-K for the year ended December 31, 2023 and the Issuer's quarterly report for the quarter ending March 31, 2024. The remainder shall vest on December 31, 2024. This option may not be exercised until May 28, 2025 absent a change in control of the Issuer.

Content

This option was granted on December 28, 2023, 500,000 of which vested immediately. Thereafter, 750,000 shall vest upon the timely filing of both the Issuer's annual report on Form 10-K for the year ended December 31, 2023 and the Issuer's quarterly report for the quarter ending March 31, 2024. The remainder shall vest on December 31, 2024. This option may not be exercised until May 28, 2025 absent a change in control of the Issuer.