Filing Details
- Accession Number:
- 0001567619-22-007857
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-04-01 16:36:12
- Reporting Period:
- 2022-03-30
- Accepted Time:
- 2022-04-01 16:36:12
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1762359 | Acreage Holdings Inc. | ACRG.A.U | Retail-Miscellaneous Retail (5900) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1839059 | Filippo Caldini | 450 Lexington Avenue, #3308 New York NY 10163 | Chief Executive 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 D Subordinate Voting Shares | Disposition | 2022-03-30 | 33,035 | $1.45 | 266,965 | No | 4 | S | Direct | |
| Common Stock - Class E Subordinate Voting Shares | Disposition | 2022-03-30 | 18,506 | $1.80 | 437,050 | No | 4 | S | Direct | |
| Common Stock - Class E Subordinate Voting Shares | Disposition | 2022-03-31 | 312 | $1.75 | 436,738 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | 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) | $2.05 | 2025-12-31 | 241,464 | 241,464 | Direct | |
| Common Stock - Class E Subordinate Voting Shares | Stock Option (Right to Buy) | $3.15 | 2025-12-31 | 366,667 | 366,667 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2025-12-31 | 241,464 | 241,464 | Direct |
| 2025-12-31 | 366,667 | 366,667 | Direct |
Footnotes
- Shares sold to pay taxes applicable to vesting of restricted stock units.
- 58,537 vest one third on the first three anniversary dates of the date of grant. 36,585 vest immediately upon the Committee's determination that Acreage achieved 100% or more of the Consolidated Adj. EBTIDA Target for its fiscal 2022 year. 146,342 are subject to performance-based vesting under which 50% of the Award will vest if the Board determines that the Company achieved at least 90% of the Consolidated Adjusted EBITDA Target for its fiscal 2021 year and 50% of the Award will be subject to performance-based vesting under which 50% of the Award will vest if the Board determines that the Company achieved at least 90% of the Consolidated Adjusted EBITDA Target for its fiscal 2022 year.
- 88,889 vest one third on the first three anniversary dates of the date of grant. 55,556 vest immediately upon the Committee's determination that Acreage achieved 100% or more of the Consolidated Adj. EBTIDA Target for its fiscal 2022 year. 222,222 are subject to performance-based vesting under which 50% of the Award will vest if the Board determines that the Company achieved at least 90% of the Consolidated Adjusted EBITDA Target for its fiscal 2021 year and 50% of the Award will be subject to performance-based vesting under which 50% of the Award will vest if the Board determines that the Company achieved at least 90% of the Consolidated Adjusted EBITDA Target for its fiscal 2022 year.
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