0000899243-23-016754.txt : 20230630 0000899243-23-016754.hdr.sgml : 20230630 20230630132753 ACCESSION NUMBER: 0000899243-23-016754 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: CHOWSCANO KARL CENTRAL INDEX KEY: 0001800583 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-56075 FILM NUMBER: 231060872 MAIL ADDRESS: STREET 1: 5060 N. 40TH STREET, SUITE 120 CITY: PHOENIX STATE: AZ ZIP: 85018 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 0001800583 CHOWSCANO KARL C/O 4FRONT VENTURES CORP. 5060 N. 40TH STREET, SUITE 120 PHOENIX AZ 85018 0 0 0 1 Consulting President 0 Stock Option (right to buy) 0.76 2023-06-23 4 D 0 1500000 D 2024-08-22 Class A Subordinate Voting Shares 1500000 5000000 D Stock Option (right to buy) 0.65 2023-06-23 4 D 0 2000000 D 2025-09-15 Class A Subordinate Voting Shares 2000000 5000000 D Stock Option (right to buy) 0.46 2023-06-23 4 D 0 1803200 D 2022-11-16 2027-11-16 Class A Subordinate Voting Shares 1803200 5000000 D Stock Option (right to buy) 0.14 2023-06-23 4 A 0 5303200 A 2028-06-23 Class A Subordinate Voting Shares 5303200 10303200 I By Philomena Investments, LLC Converted from Canadian exercise price of C$1.00 using an exchange rate of C$1.3199 = US$1.00 as of June 23, 2023. The option was granted on August 22, 2019 and vested as follows: one-third on August 22, 2020, one-third on August 21, 2021, and one-third on August 22, 2022. The reporting person agreed to cancellation of an option granted to him on August 22, 2019, in exchange for a new option having a lower exercise price. Converted from Canadian exercise price of C$0.86 using an exchange rate of C$1.3199 = US$1.00 as of June 23, 2023. The option was granted on September 15, 2020 and vested as follows: one-half on March 15, 2021, and one-half on September 15, 2021. The reporting person agreed to cancellation of an option granted to him on September 15, 2020, in exchange for a new option having a lower exercise price. Converted from Canadian exercise price of C$0.61 using an exchange rate of C$1.3199 = US$1.00 as of June 23, 2023. The reporting person agreed to cancellation of an option granted to him on November 16, 2022, in exchange for a new option having a lower exercise price. 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/ Karl Chowscano 2023-06-29