Nicholas Vita - May 3, 2023 Form 4 Insider Report for Columbia Care Inc. (CCHWF)

Role
Chief Executive Officer, Director
Signature
/s/ David Sirolly as attorney-in-fact for Nicholas Vita
Stock symbol
CCHWF
Transactions as of
May 3, 2023
Transactions value $
-$119,645
Form type
4
Date filed
5/5/2023, 08:27 PM
Previous filing
Apr 13, 2023
Next filing
Sep 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCHWF Common Shares Options Exercise +85.7K +8.32% 1.12M May 3, 2023 Direct F1
transaction CCHWF Common Shares Options Exercise +224K +20.06% 1.34M May 3, 2023 Direct F1
transaction CCHWF Common Shares Options Exercise +232K +17.34% 1.57M May 3, 2023 Direct F1
transaction CCHWF Common Shares Tax liability -$120K -244K -15.54% $0.49 1.33M May 3, 2023 Direct F2
holding CCHWF Common Shares 25.4M May 3, 2023 Held by Vita Holdings LLC F3

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 -224K -50% 224K May 3, 2023 Common Shares 224K $0.00 Direct F1, F4
transaction CCHWF Restricted Stock Units Options Exercise -85.7K -33.33% 171K May 3, 2023 Common Shares 85.7K $0.00 Direct F1, F5
transaction CCHWF Restricted Stock Units Options Exercise -232K -25% 696K May 3, 2023 Common Shares 232K $0.00 Direct F1, F6
* 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 share of the Issuer's common stock.
F2 Converted from the Canadian price of $0.67 using an exchange rate of C$1.3612 = US$1.00.
F3 Held by Vita Holdings LLC, a company owned and controlled by the reporting person.
F4 894,663 RSUs were granted on March 31, 2020, and vested as follows: 1/4 annually beginning March 31, 2021, with settlement of vested RSUs to occur as soon as practicable following the vesting date.
F5 342,652 RSUs were granted on March 23, 2021, and vest as follows: 1/4 annually beginning March 23, 2022, with settlement of vested RSUs to occur as soon as practicable following the vesting date.
F6 928,572 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.