Nicholas Vita - Apr 11, 2023 Form 4 Insider Report for Columbia Care Inc. (CCHWF)

Role
CEO, Director
Signature
/s/ David Sirolly as attorney-in-fact for Nicholas Vita
Stock symbol
CCHWF
Transactions as of
Apr 11, 2023
Transactions value $
-$170,822
Form type
4
Date filed
4/13/2023, 09:11 PM
Previous filing
Feb 14, 2023
Next filing
May 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCHWF Common Shares Award +723K +113.75% 1.36M Apr 11, 2023 Direct F1
transaction CCHWF Common Shares Tax liability -$171K -329K -24.19% $0.52 1.03M Apr 11, 2023 Direct F2, F3
holding CCHWF Common Shares 25.4M Apr 11, 2023 Held by Vita Holdings LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance share units ("PSU") granted to the reporting person on March 31, 2020. Each PSU represents a contingent right to receive one share of the Issuer's common stock. Settlement of the PSUs occurred on April 11, 2023, following the Compensation Committee's determination as to vesting of the grant.
F2 Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of PSUs reported in Table I.
F3 Converted from the Canadian withholding price of C$0.70 using an exchange rate of C$1.3478 = US$1.00
F4 Held by Vita Holdings LLC, a company owned and controlled by the reporting person.