Kevin P. Murphy - Aug 24, 2021 Form 4 Insider Report for Acreage Holdings, Inc. (ACRHF)

Role
Director, 10%+ Owner
Signature
/s/ Jessica S. Lochmann, Attorney-in-Fact for Kevin P. Murphy
Stock symbol
ACRHF
Transactions as of
Aug 24, 2021
Transactions value $
$30,497
Form type
4
Date filed
8/26/2021, 05:18 PM
Previous filing
Aug 19, 2021
Next filing
Oct 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACRHF Common Stock - Class E Subordinate Voting Shares Purchase $30.5K +10K +0.86% $3.05* 1.18M Aug 24, 2021 Direct F1
holding ACRHF Common Stock - Class D Subordinate Voting Shares 671K Aug 24, 2021 Direct
holding ACRHF Common Stock - Class D Subordinate Voting Shares 195K Aug 24, 2021 By Murphy Capital, LLC
holding ACRHF Common Stock - Class E Subordinate Voting Shares 455K Aug 24, 2021 By Murphy Capital, LLC
holding ACRHF Common Stock - Class D Subordinate Voting Shares 1.16M Aug 24, 2021 By Kevin Murphy 2018 Annuity Trust
holding ACRHF Common Stock - Class E Subordinate Voting Shares 2.71M Aug 24, 2021 By Kevin Murphy 2018 Annuity Trust

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) 19.5K Aug 24, 2021 Common Stock - Class D Subordinate Voting Shares 19.5K $2.05 Direct F2
holding ACRHF Common Units of High Street Capital Partners, LLC 16M Aug 24, 2021 See Footnote 16M Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The prices actually received ranged from $3.038 to $3.05. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
F2 Options vest ratably over the subsequent four quarters.
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.