DEREK WATSON - 05 Apr 2024 Form 4 Insider Report for Cannabist Co Holdings Inc. (CBSTF)

Role: Chief Financial Officer
Signature: /s/ David Sirolly as attorney-in-fact for Derek Watson
Issuer symbol: CBSTF
Transactions as of: 05 Apr 2024
Net transactions value: $0
Form type: 4
Filing time: 08 Apr 2024, 19:34:05 UTC
Previous filing: 02 Apr 2024
Next filing: 14 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CBSTF	Common Shares	Options Exercise		+727,272	+217%		1,062,885	05 Apr 2024	Direct	F1

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	CBSTF	Restricted Stock Units	Options Exercise	$0	-727,272	-40%	$0.000000	1,090,910	05 Apr 2024	Common Shares	727,272		Direct	F1, F2

* 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	1,818,182 RSUs were granted on August 7, 2023, vesting as follows: 40% on April 5, 2024, and 30% of the total grant on each of April 5, 2025 and April 5, 2026. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.