Nicholas Vita - 23 Dec 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: 23 Dec 2022
Net transactions value: -$71,542
Form type: 4
Filing time: 28 Dec 2022, 15:42:12 UTC
Previous filing: 01 Nov 2022
Next filing: 14 Feb 2023
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		+217,673	+42%		731,926	23 Dec 2022	Direct	F1
transaction	CCHWF	Common Shares	Tax liability	$71,542	-96,679	-13%	$0.7400	635,247	23 Dec 2022	Direct	F2
holding	CCHWF	Common Shares						35,858,075	23 Dec 2022	Held by Vita Holdings LLC	F3

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	-217,673	-100%	$0.000000^*	0	23 Dec 2022	Common Stock	217,673		Direct	F1, F4

* 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 the Canadian withholding price of C$1.01using an exchange rate of C$1.3656 = US$1.00
F3	Held by Vita Holdings LLC, a company owned and controlled by the reporting person.
F4	The RSUs were granted on April 29, 2019, and vested on October 29, 2022, with settlement occurring as soon as practicable following the vesting date.