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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 7/24/23 |
| Issuer: |
| Issuer CIK: 1783875 |
| Issuer Name: 4Front Ventures Corp. |
| Issuer Trading Symbol: FFNTF |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1936897 |
| | Owner Name: Adams Keith Edward |
| Reporting Owner Address: |
| | Owner Street 1: C/O 4FRONT VENTURES CORP. |
| | Owner Street 2: 7010 E. CHAUNCEY LANE STE. 235 |
| | Owner City: PHOENIX |
| | Owner State: AZ |
| | Owner ZIP Code: 85054 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? Yes |
| | Other Text: CFO |
| Aff 10b5 One? No |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Stock Option (right to buy) |
| | Conversion or Exercise Price: |
| | | Value: 0.18 |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 7/24/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | | Footnote ID: F2 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,000,000 |
| | | Transaction Price Per Share: |
| Value: 0.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Value: 7/24/23 |
| | Expiration Date: |
| | | Value: 7/24/28 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Class A Subordinate Voting Shares |
| | | Underlying Security Shares: |
| Value: 1,000,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 2,000,000 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Converted from Canadian exercise price of C$0.18 using an exchange rate of C$1.3172 = US$1.00 as of July 24, 2023. |
| Footnote - F2: The reporting person previously agreed to cancellation of an options granted to him on November 22, 2022, in exchange for the issuance of a new option having a lower exercise price in a transaction exempt under Rule 16b-3(d)(1). |
| Owner Signature: |
| Signature Name: /s/ Keith Adams |
| Signature Date: 7/28/23 |
