Kevin P. Murphy - Oct 1, 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
Oct 1, 2021
Transactions value $
$36,096
Form type
4
Date filed
10/4/2021, 03:18 PM
Previous filing
Aug 26, 2021
Next filing
Jan 4, 2022

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 $36.1K +16K +1.36% $2.26 1.19M Oct 1, 2021 Direct F1, F2
holding ACRHF Common Stock - Class D Subordinate Voting Shares 671K Oct 1, 2021 Direct
holding ACRHF Common Stock - Class D Subordinate Voting Shares 195K Oct 1, 2021 By Murphy Capital, LLC
holding ACRHF Common Stock - Class E Subordinate Voting Shares 455K Oct 1, 2021 By Murphy Capital, LLC
holding ACRHF Common Stock - Class D Subordinate Voting Shares 1.16M Oct 1, 2021 By Kevin Murphy 2018 Annuity Trust
holding ACRHF Common Stock - Class E Subordinate Voting Shares 2.71M Oct 1, 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 Oct 1, 2021 Common Stock - Class D Subordinate Voting Shares 19.5K $2.05 Direct F3
holding ACRHF Common Units of High Street Capital Partners, LLC 16M Oct 1, 2021 See Footnote 16M Direct F4

Explanation of Responses:

Id Content
F1 This purchase occurred as part of a privately negotiated transaction accomplished through a private sale of shares to Mr. Murphy, with the terms of the sale being agreed to in principle between the parties during August 2021.
F2 The price is based on the closing price of the shares on the OTC on October 1, 2021.
F3 Options vest ratably over the subsequent four quarters.
F4 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.