Shannon Buggy - Mar 15, 2024 Form 4 Insider Report for Cronos Group Inc. (CRON)

Role
SVP, Global Head of People
Signature
/s/ Aaron Werner, as attorney-in-fact for Shannon Buggy
Stock symbol
CRON
Transactions as of
Mar 15, 2024
Transactions value $
-$25,605
Form type
4
Date filed
3/19/2024, 05:01 PM
Previous filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRON COMMON SHARES Options Exercise $0 +13.9K +26.6% $0.00 66.1K Mar 15, 2024 Direct F1
transaction CRON COMMON SHARES Tax liability -$10.2K -5.16K -7.8% $1.98 60.9K Mar 15, 2024 Direct
transaction CRON COMMON SHARES Options Exercise $0 +20.9K +34.36% $0.00 81.9K Mar 15, 2024 Direct F1
transaction CRON COMMON SHARES Tax liability -$15.4K -7.78K -9.5% $1.98 74.1K Mar 15, 2024 Direct

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 -13.9K -6.03% $0.00 216K Mar 15, 2024 COMMON SHARES 13.9K Direct F1, F2
transaction CRON RESTRICTED STOCK UNITS Options Exercise $0 -20.9K -9.68% $0.00 195K Mar 15, 2024 COMMON SHARES 20.9K Direct F1, F3
* 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 On March 15, 2022, the reporting person was granted 41,666 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
F3 On March 15, 2023, the reporting person was granted 62,814 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.