Jesse Channon - Mar 8, 2023 Form 4 Insider Report for Columbia Care Inc. (CCHWF)

Role
Chief Growth Officer
Signature
/s/ David Sirolly as attorney-in-fact for Jesse Channon
Stock symbol
CCHWF
Transactions as of
Mar 8, 2023
Transactions value $
-$115,504
Form type
4
Date filed
3/10/2023, 03:43 PM
Previous filing
Dec 2, 2022
Next filing
Apr 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCHWF Common Shares Award +241K +90.08% 508K Mar 8, 2023 Direct F1
transaction CCHWF Common Shares Options Exercise +170K +33.45% 679K Mar 8, 2023 Direct F2
transaction CCHWF Common Shares Tax liability -$116K -189K -27.91% $0.61 489K Mar 8, 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 -170K -50% $0.00 170K Mar 8, 2023 Common Shares 170K 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.