David Eric Klein - Jun 10, 2024 Form 4 Insider Report for Canopy Growth Corp (CGC)

Signature
/s/ Shai Marshall, Attorney-in-fact for David Eric Klein
Stock symbol
CGC
Transactions as of
Jun 10, 2024
Transactions value $
-$17,683
Form type
4
Date filed
6/12/2024, 08:46 PM
Previous filing
Aug 24, 2023
Next filing
Aug 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CGC Common Shares Award $0 +2.09K +0.8% $0.00 262K Jun 10, 2024 Direct F1, F2
transaction CGC Common Shares Award $0 +9.13K +3.49% $0.00 271K Jun 10, 2024 Direct F3
transaction CGC Common Shares Award $0 +98.8K +36.46% $0.00 370K Jun 10, 2024 Direct F4
transaction CGC Common Shares Award $0 +32.9K +8.91% $0.00 403K Jun 10, 2024 Direct F5
transaction CGC Common Shares Sale -$17.7K -1.78K -0.44% $9.94 401K Jun 10, 2024 Direct F6, F7

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 CGC Stock Option Award $0 +361K $0.00 361K Jun 10, 2024 Common Shares 361K $7.59 Direct F8
transaction CGC Stock Option Award $0 +40.1K $0.00 40.1K Jun 10, 2024 Common Shares 40.1K $7.59 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents conversion of performance stock units ("PSUs") to restricted stock units ("RSUs") upon determination by the Issuer's board of directors (the "Board") regarding the level of achievement of performance metrics, and such RSUs vested on June 9, 2024.
F2 On December 15, 2023, the Issuer effected a consolidation (the "Consolidation") of the Issuer's issued and outstanding Common Shares on the basis of one (1) post-Consolidation Common Share for every ten (10) pre-Consolidation Common Shares. The amount of securities reported on this Form 4 have been adjusted to reflect the Consolidation.
F3 Represents conversion of PSUs to RSUs upon determination by the Issuer's Board regarding the level of achievement of performance metrics, and such RSUs vest on June 14, 2025.
F4 The shares reported herein were granted on June 10, 2024, in the form of RSUs. These RSUs vest in three equal installments on June 15, 2025, June 15, 2026 and June 15 2027.
F5 The shares reported herein were granted on June 10, 2024, in the form of RSUs. These RSUs vest on June 15, 2025.
F6 The shares reported as disposed herein were granted on June 9, 2021 as PSUs, and subsequently converted to RSUs. The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of the RSUs.
F7 Price expressed in Canadian dollars, rounded to the nearest one hundredth.
F8 The options vest in three equal, annual installments on the first, second and third anniversaries of the grant date of June 10, 2024.
F9 The options vest on June 10, 2025.