James A. Doherty III - 04 Jun 2021 Form 4 Insider Report for Acreage Holdings, Inc.

Role: General Counsel
Signature: /s/ Jessica S. Lochmann, Attorney-in-Fact for James A. Doherty III
Issuer symbol: N/A
Transactions as of: 04 Jun 2021
Net transactions value: $0
Form type: 4
Filing time: 08 Jun 2021, 20:11:48 UTC
Previous filing: 18 May 2021
Next filing: 07 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACRHF	Common Stock - Class E Subordinate Voting Shares	Award	$0	+44,335	+5.2%	$0.000000	903,923	04 Jun 2021	Direct	F1
holding	ACRHF	Common Stock - Class D Subordinate Voting Shares						368,346	04 Jun 2021	Direct

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	ACRHF	Stock Option (Right to Buy)						279,513	04 Jun 2021	Common Stock - Class D Subordinate Voting Shares	279,513	$2.05	Direct	F2
holding	ACRHF	Common Units of High Street Capital Partners, LLC						210,373	04 Jun 2021	See Footnote	210,373		Direct	F3

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

Explanation of Responses:

Id	Content
F1	RSUs vest one-third on each of June 4, 2022, June 4, 2023 and June 4, 2024.
F2	Options are immediately exercisable.
F3	These Units are convertible into 0.7 of a Class E subordinate voting share and 0.3 of a Class D subordinate voting share or the cash equivalent thereof at the option of Acreage Holdings, Inc. as set forth in the High Street Capital Partners, LLC Third Amended and Restated Operating Agreement.