0000899243-23-016749.txt : 20230630 0000899243-23-016749.hdr.sgml : 20230630 20230630131937 ACCESSION NUMBER: 0000899243-23-016749 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230623 FILED AS OF DATE: 20230630 DATE AS OF CHANGE: 20230630 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GULATI CHETAN CENTRAL INDEX KEY: 0001838456 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-56075 FILM NUMBER: 231060842 MAIL ADDRESS: STREET 1: 28 REICHERT CIRCLE CITY: WESTPORT STATE: CT ZIP: 06880 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: 4Front Ventures Corp. CENTRAL INDEX KEY: 0001783875 STANDARD INDUSTRIAL CLASSIFICATION: MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2900-550 BURRARD STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 0A3 BUSINESS PHONE: (602) 682-7037 MAIL ADDRESS: STREET 1: 2900-550 BURRARD STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 0A3 4 1 doc4.xml FORM 4 SUBMISSION X0407 4 2023-06-23 0 0001783875 4Front Ventures Corp. FFNTF 0001838456 GULATI CHETAN C/O 4FRONT VENTURES CORP. 5060 N. 40TH STREET, SUITE 120 PHOENIX AZ 85018 1 0 0 0 0 Stock Option (right to buy) 0.80 2023-06-23 4 D 0 600000 D 2025-12-21 Class A Subordinate Voting Shares 600000 0 D Stock Option (right to buy) 1.23 2023-06-23 4 D 0 200000 D 2026-03-18 Class A Subordinate Voting Shares 200000 0 D Stock Option (right to buy) 0.53 2023-06-23 4 D 0 400000 D 2027-12-05 Class A Subordinate Voting Shares 400000 0 D Stock Option (right to buy) 0.53 2023-06-23 4 D 0 350000 D 2027-12-05 Class A Subordinate Voting Shares 350000 0 D Stock Option (right to buy) 0.14 2023-06-23 4 A 0 1550000 A 2028-06-23 Class A Subordinate Voting Shares 1550000 1550000 D Converted from Canadian exercise price of C$1.06 using an exchange rate of C$1.3199 = US$1.00 as of June 23, 2023. The option was granted on December 21, 2020 and vests as follows: one-third on December 21, 2021, one-third on December 21, 2022, and one-third on December 21, 2023. The reporting person agreed to cancellation of an option granted to him on December 21, 2020, in exchange for a new option having a lower exercise price. Converted from Canadian exercise price of C$1.63 using an exchange rate of C$1.3199 = US$1.00 as of June 23, 2023. The option was granted on March 18, 2021 and vested in three equal installments on September 18, 2021, March 18, 2022 and September 18, 2022. The reporting person agreed to cancellation of an option granted to him on March 18, 2021, in exchange for a new option having a lower exercise price. Converted from Canadian exercise price of C$0.70 using an exchange rate of C$1.3199 = US$1.00 as of June 23, 2023. The option was granted on December 5, 2022 and vests in monthly 1/24th increments beginning on December 5, 2023. The reporting person agreed to cancellation of an option granted to him on December 5, 2022, in exchange for a new option having a lower exercise price. The option was granted on December 5, 2022 and vests on December 5, 2023. Converted from Canadian exercise price of C$0.19 using an exchange rate of C$1.3199 = US$1.00 as of June 23, 2023. The options will vest 1/3rd on December 23, 2023, 1/3rd on June 23, 2024, and 1/3rd on December 23, 2024. /s/ Chetan Gulati 2023-06-29