David James Hart - 03 May 2023 Form 4 Insider Report for Columbia Care Inc. (CBSTF)

Role
Chief Operating Officer
Signature
/s/ David Sirolly as attorney-in-fact for David James Hart
Issuer symbol
CBSTF
Transactions as of
03 May 2023
Net transactions value
-$48,949
Form type
4
Filing time
05 May 2023, 20:08:54 UTC
Previous filing
13 Apr 2023
Next filing
07 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCHWF Common Shares Options Exercise +38,938 +3.1% 1,293,916 03 May 2023 Direct F1
transaction CCHWF Common Shares Options Exercise +109,551 +8.5% 1,403,467 03 May 2023 Direct F1
transaction CCHWF Common Shares Options Exercise +80,980 +5.8% 1,484,447 03 May 2023 Direct F1
transaction CCHWF Common Shares Tax liability $48,949 -99,896 -6.7% $0.4900 1,384,551 03 May 2023 Direct F2
holding CCHWF Common Shares 14,000 03 May 2023 Held in Individual Retirement Account

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 CCHWF Restricted Stock Units Options Exercise -109,551 -50% 109,551 03 May 2023 Common Shares 109,551 $0.000000 Direct F1, F3
transaction CCHWF Restricted Stock Units Options Exercise -38,938 -33% 77,876 03 May 2023 Common Shares 38,938 $0.000000 Direct F1, F4
transaction CCHWF Restricted Stock Units Options Exercise -80,980 -25% 242,941 03 May 2023 Common Shares 80,980 $0.000000 Direct F1, F5
* 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 shares of the Issuer's common stock.
F2 Converted from Canadian price of $0.67 using an exchange rate of C$1.3612 = US$1.00.
F3 438,203 RSUs were granted on March 31, 2020, and vest as follows: 1/4 annually beginning March 31, 2021, with settlement of vested RSUs to occur as soon as practicable following the vesting date.
F4 155,751 RSUs were granted on March 23, 2021, and vested as follows: 1/4 annually beginning March 23, 2022, with settlement of vested RSUs to occur as soon as practicable following the vesting date.
F5 323,921 RSUs were granted on March 31, 2022, and vest as follows: 1/4 annually beginning March 31, 2023, with settlement of vested RSUs to occur as soon as practicable following the vesting date.