Green Thumb Industries (GTBIF) Form 4 Green Thumb Industries / Peter A. Kadens ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Kadens Peter A.

(Last) (First) (Middle)

990 GREEN BAY ROAD, UNIT 6

(Street)

WINNETKA IL 60093

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Green Thumb Industries Inc. [ GTII/GTBIF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Subordinate Voting Shares	03/05/2020		G		5,000	D	$0	545,009	I	Kadens Family Holdings LLC
Subordinate Voting Shares	03/05/2020		G		5,000	A	$0	9,900	I	The Kadens Family Foundation
Subordinate Voting Shares	03/12/2020		S		25,000	D	$4.4	390,000	D
Subordinate Voting Shares	03/20/2020		S(2)		16,300	D	$4.94	373,700	D
Subordinate Voting Shares	03/26/2020		G		10,000	D	$0	535,009	I	Kadens Family Holdings LLC
Subordinate Voting Shares	03/26/2020		G		10,000	A	$0	19,900	I	The Kadens Family Foundation
Subordinate Voting Shares	04/02/2020		S(2)		25,000	D	$5.62	510,009	I	Kadens Family Holdings LLC
Subordinate Voting Shares	04/06/2020		S(2)		19,900	D	$5.87	0	I	The Kadens Family Foundation
Subordinate Voting Shares	04/07/2020		S(2)		5,200	D	$5.99	504,809	I	Kadens Family Holdings LLC
Subordinate Voting Shares	04/22/2020		S(2)		10,000	D	$6.39	494,809	I	Kadens Family Holdings LLC
Subordinate Voting Shares	04/23/2020		S(2)		65,000	D	$6.7	308,700	D
Subordinate Voting Shares	04/27/2020		S(2)		25,000	D	$7.41	283,700	D
Subordinate Voting Shares	04/29/2020		S		40,000	D	$7.2	243,700	D
Subordinate Voting Shares	05/01/2020		S(2)		243,700	D	$7.09	0	D
Subordinate Voting Shares	05/01/2020		S(2)		209,800	D	$7.09	285,009	I	Kadens Family Holdings LLC
Subordinate Voting Shares	05/29/2020		S(2)		100,000	D	$10.13	185,009	I	Kadens Family Holdings LLC
Subordinate Voting Shares	06/02/2020		G		15,000	D	$0	170,009	I	Kadens Family Holdings LLC
Subordinate Voting Shares	06/02/2020		G		15,000	A	$0	15,000	I	The Kadens Family Foundation
Subordinate Voting Shares	06/02/2020		S(2)		21,300	D	$10.2	148,709	I	Kadens Family Holdings LLC
Subordinate Voting Shares	06/03/2020		S(2)		75,000	D	$10.21	73,709	I	Kadens Family Holdings LLC
Subordinate Voting Shares	06/15/2020		S(2)		15,000	D	$9.48	0	I	The Kadens Family Foundation
Subordinate Voting Shares	06/15/2020		G		15,000	A	$0	15,000	I	The Kadens Family Foundation
Subordinate Voting Shares	06/15/2020		G		15,000	D	$0	58,709	I	Kadens Family Holdings LLC
Subordinate Voting Shares	06/16/2020		S(2)		2,400	D	$10.02	12,600	I	The Kadens Family Foundation
Subordinate Voting Shares	06/17/2020		S(2)		12,600	D	$9.98	0	I	The Kadens Family Foundation
Subordinate Voting Shares	06/18/2020		S(2)		58,700	D	$10.17	9	I	Kadens Family Holdings LLC
Subordinate Voting Shares	06/26/2020		J(1)		77	D	$0	0	I	GTI II LLC
Subordinate Voting Shares	06/26/2020		J(1)		77	A	$0	86	I	Kadens Family Holdings LLC
Super Voting Shares	06/26/2020		J(1)		20,464	D	$0	21,325	I	RCP 23 LLC
Super Voting Shares	06/26/2020		J(1)		20,464	A	$0	67,166	I	Kadens Family Holdings LLC

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects distribution to the holder's investors pursuant to the terms of the holder's operating agreement.

2. Information regarding detail of these transactions are unavailable at the time of filing without unnecessary effort or expense.

	/s/ Peter Kadens	09/01/2020
	** 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 4 (b)(v).
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