David James Hart - 14 Feb 2022 Form 3 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
14 Feb 2022
Net transactions value
$0
Form type
3
Filing time
15 Feb 2022, 15:54:00 UTC
Next filing
14 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CCHWF Common Shares 827,903 14 Feb 2022 Direct
holding CCHWF Common Shares 14,000 14 Feb 2022 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
holding CCHWF Proportionate Voting Shares 14 Feb 2022 Common Shares 747 $0.000000 Direct F1
holding CCHWF Restricted Stock Units 14 Feb 2022 Common Shares 168,089 Direct F2, F3
holding CCHWF Restricted Stock Units 14 Feb 2022 Common Shares 108,837 Direct F3, F4
holding CCHWF Restricted Stock Units 14 Feb 2022 Common Shares 58,560 Direct F3, F5
holding CCHWF Restricted Stock Units 14 Feb 2022 Common Shares 328,653 Direct F3, F6
holding CCHWF Restricted Stock Units 14 Feb 2022 Common Shares 155,751 Direct F3, F7
holding CCHWF Performance Stock Units 14 Feb 2022 Common Shares 217,673 Direct F8
holding CCHWF Performance Stock Units 14 Feb 2022 Common Shares 217,673 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each proportionate share is convertible into 100 common shares of the issuer. The proportionate voting shares vest on March 31, 2022.
F2 672,356 restricted stock units ("RSUs") were granted on September 28, 2018, with 504,267 RSUs vesting prior to the date of this Form 3. The remaining 168,089 RSUs will vest on March 31, 2022. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.
F3 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F4 435,346 restricted stock units ("RSUs") were granted on April 29, 2019, with 326,509 RSUs vesting prior to the date of this Form 3. The remaining 108,837 RSUs will vest on October 29, 2022. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.
F5 117,118 restricted stock units ("RSUs") were granted on September 30, 2019, with 58,558 vesting prior to the date of this Form 3. The remaining 58,560 RSUs vest as follows: 29,280 on April 29, 2022, and 29,280 on April 29, 2023. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.
F6 438,203 restricted stock units ("RSUs") were granted on March 31, 2020, with 109,550 vesting prior to the date of this Form 3. The remaining 328,653 RSUs vest as follows: 109,551 on March 31, 2022, March 31, 2023, and March 31, 2024. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.
F7 The restricted stock units ("RSUs") were granted on March 23, 2021, and vest as follows: 38,937 on March 23, 2022; 38,938 on March 23, 2023, March 23, 2024 and March 23, 2025. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.
F8 The performance stock units ("PSUs") were granted on April 29, 2019. Each PSU represents a contingent right to receive one share of the Issuer's common stock. The PSUs vest upon the issuer's common stock achieving a specified price per share.

Remarks:

Exhibit 24.1 Power of Attorney