Michael Abbott - Apr 29, 2022 Form 4 Insider Report for Columbia Care Inc. (CCHWF)

Role
Executive Chairman, Director
Signature
/s/ David Sirolly as attorney-in-fact for Michael Abbott
Stock symbol
CCHWF
Transactions as of
Apr 29, 2022
Transactions value $
-$294,060
Form type
4
Date filed
5/3/2022, 04:24 PM
Previous filing
Apr 14, 2022
Next filing
Oct 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCHWF Common Shares Options Exercise +160K +49.75% 481K Apr 29, 2022 Direct F1
transaction CCHWF Common Shares Options Exercise +56.3K +11.71% 537K Apr 29, 2022 Direct F1
transaction CCHWF Common Shares Options Exercise +51.2K +9.54% 588K Apr 29, 2022 Direct F1
transaction CCHWF Common Shares Tax liability -$294K -107K -18.17% $2.75* 482K Apr 29, 2022 Direct F2

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 $0 -160K -33.33% $0.00 320K Mar 31, 2022 Common Shares 160K Direct F1, F3
transaction CCHWF Restricted Stock Units Options Exercise $0 -56.3K -25% $0.00 169K Mar 31, 2022 Common Shares 56.3K Direct F1, F4
transaction CCHWF Restricted Stock Units Options Exercise $0 -51.2K -50% $0.00 51.2K Mar 31, 2022 Common Shares 51.2K Direct F1, F5
* 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 Converted from Canadian withholding price of C$3.50 using an exchange rate of C$1.2734 = US$1.00.
F3 639,045 RSUs were granted on March 31, 2020, and vest as follows: 1/4 annually beginning March 31, 2021. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.
F4 225,320 RSUs were granted on March 23, 2021, and vest as follows: 1/4 annually beginning March 23, 2022. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.
F5 204,955 RSUs were granted on September 30, 2019, and vest as follows: 1/4 annually beginning April 29, 2020. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.