James D. Rudyk - 09 Aug 2021 Form 4 Insider Report for Cronos Group Inc. (CRON)

Role
Director
Signature
/s/ Eileen Uy, as attorney-in-fact for James D. Rudyk
Issuer symbol
CRON
Transactions as of
09 Aug 2021
Transactions value $
$0
Form type
4
Filing time
11 Aug 2021, 17:08:10 UTC
Next filing
10 Nov 2022
SEC
View on sec.gov

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 CRON DEFERRED SHARE UNITS Award $0 +16.3K +58.72% $0.00 44.1K 09 Aug 2021 COMMON SHARES 16.3K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon redemption, Deferred Share Units entitle the reporting person to receive a lump sum cash payment in an amount equal to the fair market value of common shares of Cronos Group Inc. (the "Company") on the date of redemption.
F2 Vested Deferred Share Units are mandatorily redeemed by the Company on the first trading day after the reporting person ceases to be a director of the Company (subject to applicable securities regulations and policies of the Company relating to insider trading and "black out" periods).