Jesse Channon - 24 Feb 2022 Form 4 Insider Report for Columbia Care Inc. (CBSTF)

Signature
/s/ David Sirolly as attorney-in-fact for Jesse Channon
Issuer symbol
CBSTF
Transactions as of
24 Feb 2022
Net transactions value
-$234,213
Form type
4
Filing time
24 Feb 2022, 15:34:28 UTC
Previous filing
14 Feb 2022
Next filing
14 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCHWF Common Shares Options Exercise +170,068 +132% 299,274 24 Feb 2022 Direct F1
transaction CCHWF Common Shares Tax liability $234,213 -77,298 -26% $3.03* 221,976 24 Feb 2022 Direct

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 -170,068 -33% 340,137 24 Feb 2022 Common Shares 170,068 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F2 The RSUs were granted on March 17, 2020, and vest as follows: 170,068 RSUs vest annually on January 1, 2021, January 1, 2022, January 1, 2023; 170,069 RSUs vest on January 1, 2024. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.