Filing Details

Accession Number:
0001567619-20-017931
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-10-16 18:18:24
Reporting Period:
2020-10-14
Accepted Time:
2020-10-16 18:18:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1762359 Acreage Holdings Inc. ACRG.A () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1193878 C William Faasen Van 366 Madison Avenue, 11Th Floor
New York NY 10017
Yes No 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 E Subordinate Voting Shares Acquisiton 2020-10-14 17,500 $0.00 264,998 No 4 A Direct
Common Stock - Class D Subordinate Voting Shares Acquisiton 2020-10-14 7,500 $0.00 113,571 No 4 A Direct
Common Stock - Class E Subordinate Voting Shares Disposition 2020-10-15 7,364 $2.79 257,634 No 4 S Direct
Common Stock - Class D Subordinate Voting Shares Disposition 2020-10-15 2,919 $2.59 110,652 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock - Class D Subordinate Voting Shares Stock Option (Right to Buy) $7.50 2028-11-14 48,000 48,000 Direct
Common Stock - Class E Subordinate Voting Shares Stock Option (Right to Buy) $17.50 2028-11-14 112,000 112,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2028-11-14 48,000 48,000 Direct
2028-11-14 112,000 112,000 Direct
Footnotes
  1. Pursuant to the Amended Arrangement between Canopy Growth Corporation and Acreage Holdings, Inc., implemented on September 23, 2020, Acreage's articles have been amended to create new Class E subordinate voting shares (the "Fixed Shares"), Class D subordinate voting shares (the "Floating Shares") and Class F multiple voting shares (the "Fixed Multiple Shares"). Each existing Class A subordinate voting share of Acreage (each, a "Subordinate Voting Share") has been exchanged for 0.7 of a Fixed Share and 0.3 of a Floating Share, each existing Class B proportionate voting share (each, a "Proportionate Voting Share") has been exchanged for 28 Fixed Shares and 12 Floating Shares and each existing Class C multiple share (each, a "Multiple Voting Share") has been exchanged for 0.7 of a Fixed Multiple Share and 0.3 of a Floating Share.
  2. One-third of the options vested on November 14, 2019. The remaining options vest 1/3 on each of November 14, 2020 and November 14, 2021.