FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 02/05/2021 |
3. Issuer Name and Ticker or Trading Symbol
iANTHUS CAPITAL HOLDINGS, INC. [ ITHUF ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Shares | 435,282 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Options (right to buy) | (1) | 05/17/2026 | Common Shares | 200,000 | $1.61(2) | D | |
Options (right to buy) | (3) | 11/21/2027 | Common Shares | 150,000 | $2.25(2) | D | |
Options (right to buy) | (4) | 11/21/2027 | Common Shares | 107,750 | $2.25(2) | D | |
Options (right to buy) | (5) | 03/02/2028 | Common Shares | 150,000 | $3.56(2) | D | |
Options (right to buy) | (6) | 08/06/2029 | Common Shares | 994,272 | $7.5(2) | D |
Explanation of Responses: |
1. On May 17, 2016, the Issuer granted the Reporting Person options to purchase up to 200,000 common shares. As of the date hereof, all options have vested in full. |
2. The exercise price is denominated and reported in Canadian Dollars. |
3. On November 21, 2017, the Issuer granted the Reporting Person options to purchase up to 150,000 common shares. As of the date hereof, all options have vested in full. |
4. On November 21, 2017, the Issuer granted the Reporting Person options to purchase up to 107,750 common shares. As of the date hereof, all options have vested in full. |
5. On March 2, 2018, the Issuer granted the Reporting Person options to purchase up to 150,000 common shares. As of the date hereof, all options have vested in full. |
6. On August 6, 2019, the Issuer granted the Reporting Person options to purchase up to 994,272 common shares, which options are subject to vesting upon the achievement of certain milestones. As of the date hereof, 631,618 options have vested in full. Assuming milestones are achieved as of each quarter end, the balance of the options will vest as follows: 72,351 options on March 31, 2021; 72,351 options on June 30, 2021; 72,350 options on September 30, 2021; 72,351 options on December 31, 2021; and 72,351 options on March 31, 2022. |
/s/ Julius Kalcevich | 02/05/2021 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |