Jesse Channon - 08 Mar 2023 Form 4 Insider Report for Columbia Care Inc. (CBSTF)

Role
Chief Growth Officer
Signature
/s/ David Sirolly as attorney-in-fact for Jesse Channon
Issuer symbol
CBSTF
Transactions as of
08 Mar 2023
Net transactions value
-$115,504
Form type
4
Filing time
10 Mar 2023, 15:43:54 UTC
Previous filing
02 Dec 2022
Next filing
13 Apr 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 Award +240,953 +90% 508,445 08 Mar 2023 Direct F1
transaction CCHWF Common Shares Options Exercise +170,068 +33% 678,513 08 Mar 2023 Direct F2
transaction CCHWF Common Shares Tax liability $115,504 -189,350 -28% $0.6100 489,163 08 Mar 2023 Direct 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 -170,068 -50% $0.000000 170,069 08 Mar 2023 Common Shares 170,068 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance share units ("PSU") granted to the reporting person on March 20, 2020. The Compensation Committee determined the performance criteria for 2020 and 2021 to have been met. Each PSU represents a contingent right to receive one share of the Issuer's common stock.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F3 Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs and PSUs reported in Table I and Table II.
F4 680,273 RSUs were granted on March 17, 2020, vesting as follows: 170,068 RSUs on January 1, 2021, January 1, 2022, and January 1, 2023; and 170,069 on January 1, 2024. Settlement of vested RSUs will occur as soon as practicable following the vesting date.