Terrence Doucet - May 10, 2022 Form 4 Insider Report for Cronos Group Inc. (CRON)

Role
Senior Vice President, Legal, Regulatory Affairs and Corporate Secretary.
Signature
Aaron Werner, as attorney-in-fact for Terry Doucet
Stock symbol
CRON
Transactions as of
May 10, 2022
Transactions value $
-$1,043
Form type
4
Date filed
5/12/2022, 04:38 PM
Previous filing
Apr 28, 2022
Next filing
Dec 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRON COMMON SHARES Options Exercise $0 +1.56K +97.5% $0.00 3.16K May 10, 2022 Direct F1
transaction CRON COMMON SHARES Tax liability -$1.04K -371 -11.75% $2.81 2.79K May 10, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRON RESTRICTED STOCK UNITS Options Exercise $0 -1.56K -7.2% $0.00 20.1K May 10, 2022 COMMON SHARES 1.56K $0.00 Direct F3
transaction CRON RESTRICTED STOCK UNITS Award $0 +38.6K +192.32% $0.00 58.7K May 10, 2022 COMMON SHARES 38.6K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc.
F2 The price reported is in U.S. dollars based on the exchange rate of C$1.00 to US$0.7686 as reported by Bloomberg as of May 9, 2022.
F3 On May 10, 2021, the reporting person was granted 4,679 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
F4 The RSUs vest in three substantially equal annual installments beginning May 12, 2023, subject to continued employment through each applicable date.

Remarks:

Senior Vice President, Legal, Regulatory Affairs and Corporate Secretary.