Chetan Gulati - Jun 13, 2022 Form 4 Insider Report for 4Front Ventures Corp. (FFNTF)

Role
Director
Signature
/s/Chetan Gulati
Stock symbol
FFNTF
Transactions as of
Jun 13, 2022
Transactions value $
-$113,220
Form type
4
Date filed
6/15/2022, 04:15 PM
Previous filing
Jun 13, 2022
Next filing
Jun 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFNTF Class A Subordinate Voting Shares Sale -$113K -168K -0.7% $0.67* 23.8M Jun 13, 2022 Navy Capital Green Co-Invest Fund, LLC F1, F2, F3
transaction FFNTF Class A Subordinate Voting Shares Sale -$660 -1K 0% $0.66* 23.8M Jun 14, 2022 Navy Capital Green Co-Invest Fund, LLC F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The selling price is CAD 0.8643, or US$0.67 per share of Class A Subordinate Voting Shares sold.
F2 The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his indirect pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, or for any other purposes.
F3 The Reporting Person has voting and dipositive control over these shares as he is Managing Member, Head of Research and sits on the investment committee of Navy Capital Green Management, LLC, the investment advisor to Navy Capital Green Fund, LP and Navy Capital Green Co-Invest Fund, LLC and manager of Navy Capital Green Holdings, LLC.
F4 The selling price is CAD 0.8500, or US$0.66 per share of Class A Subordinate Voting Shares sold.