Jason M. Adler - Aug 8, 2024 Form 4 Insider Report for Cronos Group Inc. (CRON)

Role
Director
Signature
/s/ Aaron Werner, as attorney-in-fact for Jason M. Adler
Stock symbol
CRON
Transactions as of
Aug 8, 2024
Transactions value $
$0
Form type
4
Date filed
8/12/2024, 05:01 PM
Previous filing
Aug 10, 2023

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 DEFERRED SHARE UNITS Award $0 +64.7K +35.3% $0.00 248K Aug 8, 2024 COMMON SHARES 64.7K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon redemption, Deferred Share Units entitle the reporting person to receive a lump sum cash payment in an amount equal to the fair market value of the common shares of Cronos Group Inc. (the "Company") on the date of redemption.
F2 Vested Deferred Share Units are mandatorily redeemed by the Company on the first trading day after the reporting person ceases to be a director of the Company.