Kurt Schmidt - Mar 1, 2022 Form 4 Insider Report for Cronos Group Inc. (CRON)

Signature
/s/ Aaron Werner, as attorney-in-fact for Kurt Schmidt
Stock symbol
CRON
Transactions as of
Mar 1, 2022
Transactions value $
-$70,673
Form type
4
Date filed
3/4/2022, 04:03 PM
Previous filing
Dec 30, 2021
Next filing
Apr 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRON COMMON SHARES Options Exercise +41.5K 41.5K Mar 1, 2022 Direct F1
transaction CRON COMMON SHARES Tax liability -$70.7K -19.7K -47.61% $3.58 21.7K Mar 1, 2022 Direct

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 RESTRICTED STOCK UNITS Options Exercise $0 -41.5K -7.22% $0.00 533K Mar 1, 2022 COMMON SHARES 41.5K Direct F1, F2
* 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 common share of Cronos Group Inc.
F2 On March 1, 2021, the reporting person was granted 124,401 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney