Pura Vida Investments, Llc - Oct 23, 2020 Form 3 Insider Report for MedMen Enterprises, Inc. (MMNFF)

Role
10%+ Owner
Signature
/s/ Efrem Kamen
Stock symbol
MMNFF
Transactions as of
Oct 23, 2020
Transactions value $
$0
Form type
3
Date filed
4/29/2022, 04:40 PM
Next filing
Apr 29, 2022

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
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 767K $3.72 Pura Vida Master Fund, LTD. F1, F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 221K $4.29 Pura Vida Master Fund, LTD. F1, F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 226K $3.16 Pura Vida Master Fund, LTD. F1, F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 65.2K $3.65 Pura Vida Master Fund, LTD. F1, F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 282K $1.01 Pura Vida Master Fund, LTD. F1, F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 81.4K $1.17 Pura Vida Master Fund, LTD. F1, F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 7.31M $0.26 Pura Vida Master Fund, LTD. F1, F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 3.08M $0.26 Pura Vida Master Fund, LTD. F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 617K $0.26 Pura Vida Master Fund, LTD. F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 1.6M $0.20 Pura Vida Master Fund, LTD. F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 2.02M $5.23 Pura Vida Master Fund, LTD. F1, F2, F3, F4, F5
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 242K $3.72 Pura Vida Pro Special Oppportunity Master Fund, LTD. F1, F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 69.9K $4.29 Pura Vida Pro Special Oppportunity Master Fund, LTD. F1, F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 71.2K $3.16 Pura Vida Pro Special Oppportunity Master Fund, LTD. F1, F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 20.6K $3.65 Pura Vida Pro Special Oppportunity Master Fund, LTD. F1, F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 89K $1.01 Pura Vida Pro Special Oppportunity Master Fund, LTD. F1, F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 25.7K $1.17 Pura Vida Pro Special Oppportunity Master Fund, LTD. F1, F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 2.31M $0.26 Pura Vida Pro Special Oppportunity Master Fund, LTD. F1, F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 974K $0.26 Pura Vida Pro Special Oppportunity Master Fund, LTD. F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 195K $0.26 Pura Vida Pro Special Oppportunity Master Fund, LTD. F2, F3
holding MMNFF Warrants Oct 23, 2020 Class B Subordinate Voting Shares 506K $0.20 Pura Vida Pro Special Oppportunity Master Fund, LTD. F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Currently exercisable. This Form 3 is reporting securities held as of the reporting date of October 23, 2020, and includes securities that may have subsequently expired or terminated or been transferred.
F2 The reporting persons (the "Reporting Persons") are Pura Vida Investments, LLC ("PVI"), Pura Vida Master Fund, LTD. (the "PV Master Fund"), and Efrem Kamen. PVI serves as the investment manager to the PV Master Fund and sub-adviser to certain separately managed accounts. Pura Vida Pro, LLC ("PVP") serves as the investment manager to Pura Vida Pro Special Opportunity Master Fund, Ltd. PVP is a relying adviser of PVI. Efrem Kamen serves as the managing member of both PVI and PVP.
F3 This report shall not be deemed an admission that PVI and Efrem Kamen are beneficial owners of the securities for purposes of Sections 13 and 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Each of PVI and Efrem Kamen disclaims beneficial ownership of the securities reported herein except to the extent of the Reporting Person's pecuniary interest, if any, therein.
F4 Exercise price is converted from CAD$6.87 based on the conversion rate as of October 23, 2020.
F5 Represents 1,618,020 shares held by PV Master Fund and 199,980 shares held by each of Walleye Opportunities Master Fund, Ltd. and Walleye Manager Opportunities LLC, to which PVI serves as sub-adviser.

Remarks:

This is number two of two Form 3s filed on April 29, 2022 to report the beneficial ownership of the Reporting Persons.