0000950170-24-138179.txt : 20241218 0000950170-24-138179.hdr.sgml : 20241218 20241218214250 ACCESSION NUMBER: 0000950170-24-138179 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20241216 FILED AS OF DATE: 20241218 DATE AS OF CHANGE: 20241218 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KRANE KRISTOPHER CENTRAL INDEX KEY: 0001800382 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-56075 FILM NUMBER: 241560820 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] ORGANIZATION NAME: 03 Life Sciences IRS NUMBER: 834168417 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 7010 E. CHAUNCEY LANE STE. 235 CITY: PHOENIX STATE: AZ ZIP: 85054 BUSINESS PHONE: (602) 633-3067 MAIL ADDRESS: STREET 1: 7010 E. CHAUNCEY LANE STE. 235 CITY: PHOENIX STATE: AZ ZIP: 85054 4 1 ownership.xml 4 X0508 4 2024-12-16 0001783875 4Front Ventures Corp. FFNTF 0001800382 KRANE KRISTOPHER C/O 4FRONT VENTURES CORP. 7010 E. CHAUNCEY LANE, SUITE 235 PHOENIX AZ 85054 true true false false President, Advocacy false Stock Option (right to buy) 0.01 2024-12-16 4 A false 400000 A 2029-12-16 Class A Subordinate Voting Shares 400000 4729840 D Stock Option (right to buy) 0.09 2024-12-16 4 D false 400000 D 2029-07-25 Class A Subordinate Voting Shares 400000 0 D Stock Option (right to buy) 0.01 2024-12-16 4 A false 600000 A 2029-12-16 Class A Subordinate Voting Shares 600000 4729840 D Stock Option (right to buy) 0.017 2024-12-16 4 D false 600000 D 2028-04-23 Class A Subordinate Voting Shares 600000 0 D Stock Option (right to buy) 0.01 2024-12-16 4 A false 1000000 A 2029-12-16 Class A Subordinate Voting Shares 1000000 4729840 D Stock Option (right to buy) 0.14 2024-12-16 4 D false 1000000 D 2028-06-23 Class A Subordinate Voting Shares 1000000 0 D Stock Option (right to buy) 0.01 2024-12-16 4 A false 2729840 0 A 2029-12-16 Class A Subordinate Voting Shares 2729840 4729840 D Converted from CAD$0.02 based on CAD-USD Bank of Canada exchange rate of 1.4239 on December 16, 2024. No options vest until July 25, 2025, then 1/24th of the options vest each month. The Reporting Person agreed to cancellation of an option granted on July 25, 2024, in exchange for a new option having a lower exercise price. Converted from CAD$0.12 based on CAD-USD Bank of Canada exchange rate of 1.3819 on July 25, 2024. The options vest in equal monthly increments at a rate of 1/24th per month, with all options vested on April 28, 2026. The Reporting Person agreed to cancellation of an option granted on April 28, 2023, in exchange for a new option having a lower exercise price. Converted from Canadian exercise price of C$0.23 using an exchange rate of C$1.3578 = US$1.00 as of April 28, 2023. The option grant is subject to a one-year vesting cliff, thereafter the options will vest in equal monthly increments over a 24-month period. Two-thirds of the options vested upon grant, and one-third of the options vest on December 31, 2024. The Reporting Person agreed to cancellation of an option granted on June 23, 2023, 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 vested one-third on December 23, 2023, one-third on June 23, 2024, and one-third on December 23, 2024. Fully vested upon grant. /s/ Kris Krane 2024-12-18