Nicholas Vita - 29 Apr 2022 Form 4 Insider Report for Columbia Care Inc. (CBSTF)

Role
CEO, Director
Signature
/s/ David Sirolly as attorney-in-fact for Nicholas Vita
Issuer symbol
CBSTF
Transactions as of
29 Apr 2022
Net transactions value
-$412,726
Form type
4
Filing time
03 May 2022, 17:58:01 UTC
Previous filing
14 Apr 2022
Next filing
23 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCHWF Common Shares Options Exercise +85,663 +43% 286,263 29 Apr 2022 Direct F1
transaction CCHWF Common Shares Options Exercise +223,666 +78% 509,929 29 Apr 2022 Direct F1
transaction CCHWF Common Shares Options Exercise +65,879 +13% 575,808 29 Apr 2022 Direct F1
transaction CCHWF Common Shares Tax liability $412,726 -150,082 -26% $2.75* 425,726 29 Apr 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 -85,663 -25% $0.000000 256,989 29 Apr 2022 Common Shares 85,663 Direct F1, F3
transaction CCHWF Restricted Stock Units Options Exercise $0 -223,666 -33% $0.000000 447,332 29 Apr 2022 Common Shares 223,666 Direct F1, F4
transaction CCHWF Restricted Stock Units Options Exercise $0 -65,879 -50% $0.000000 65,879 29 Apr 2022 Common Shares 65,879 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 342,652 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.
F4 894,663 RSUs were granted on March 31, 2020, and vested as follows: 1/4 annually beginning March 31, 2021. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.
F5 263,514 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.