Filing Details

Accession Number:
0001567619-20-006581
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-17 16:30:54
Reporting Period:
2020-03-16
Accepted Time:
2020-03-17 16:30:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1762359 Acreage Holdings Inc. ACRGF Retail-Miscellaneous Retail (5900) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1796877 S Glen Leibowitz 366 Madison Avenue, 11Th Floor
New York NY 10017
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock - Class A Subordinate Voting Shares Disposition 2020-03-16 49,491 $1.74 1,350,948 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock - Class A Subordinate Voting Shares 1,100 Indirect By IRA
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock - Class A Subordinate Voting Shares Stock Option (Right to Buy) $25.00 2028-11-14 240,000 240,000 Direct
Common Stock - Class A Subordinate Voting Shares Class C-1 Units of High Street Capital Partners, LLC $0.00 375,000 375,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2028-11-14 240,000 240,000 Direct
375,000 375,000 Direct
Footnotes
  1. Shares sold to pay taxes applicable to vesting of restricted stock units.
  2. One-third of the options vested on November 14, 2019. The remaining options vest ratably over the subsequent eight quarters.
  3. These Units represent a profits interest security and are convertible into Common Units of High Street Capital Partners, LLC at a ratio as determined by the High Street Capital Partners, LLC Third Amended and Restated Operating Agreement. Common Units are convertible into Class A Subordinate Voting Shares on a 1:1 basis or 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. These Units vest 100% on March 15, 2020.