Terrence Doucet - 20 Apr 2022 Form 3 Insider Report for Cronos Group Inc. (CRON)

Role
Officer
Signature
Aaron Werner, as attorney-in-fact for Terry Doucet
Issuer symbol
CRON
Transactions as of
20 Apr 2022
Transactions value $
$0
Form type
3
Filing time
28 Apr 2022, 17:38:50 UTC
Next filing
12 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CRON COMMON SHARES 1.6K 20 Apr 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
holding CRON COMMON SHARE OPTION (right to buy) 20 Apr 2022 COMMON SHARES 60K $7.57 Direct F1, F2
holding CRON COMMON SHARE OPTION (right to buy) 20 Apr 2022 COMMON SHARES 4.2K $24.75 Direct F2, F3
holding CRON RESTRICTED STOCK UNITS 20 Apr 2022 COMMON SHARES 21.6K $0.00 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options were granted May 17, 2018 and vest in monthly installments over a four-year period.
F2 The exercise price is expressed in Canadian dollars.
F3 The options were granted March 28, 2019 and vest in quarterly installments over a four-year period.
F4 The restricted share units ("RSUs") consist of the following: (1) 5,313 unvested RSUs vesting in substantially equal annual installments, with the second of three scheduled vesting dates to occur on December 17, 2022, (2) 4,679 unvested RSUs vesting in three substantially equal annual installments beginning on May 10, 2022, and (3) 11,651 unvested RSUs vesting in three substantially equal annual installments beginning on March 8, 2023, in each case, subject to continued employment through each applicable date.
F5 Each RSU represents a contingent right to receive one common share of Cronos Group Inc.

Remarks:

Senior Vice President, Legal, Regulatory Affairs and Corporate Secretary. Exhibit List: Exhibit 24 - Power of Attorney.