Terrence Gregory Joseph Doucet - 10 May 2022 Form 4 Insider Report for Cronos Group Inc. (CRON)

Signature
Aaron Werner, as attorney-in-fact for Terry Doucet
Issuer symbol
CRON
Transactions as of
10 May 2022
Net transactions value
-$1,043
Form type
4
Filing time
12 May 2022, 16:38:44 UTC
Previous filing
28 Apr 2022
Next filing
20 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRON COMMON SHARES Options Exercise $0 +1,559 +97% $0.000000 3,158 10 May 2022 Direct F1
transaction CRON COMMON SHARES Tax liability $1,043 -371 -12% $2.81 2,787 10 May 2022 Direct F2

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 -1,559 -7.2% $0.000000 20,084 10 May 2022 COMMON SHARES 1,559 $0.000000 Direct F3
transaction CRON RESTRICTED STOCK UNITS Award $0 +38,625 +192% $0.000000 58,709 10 May 2022 COMMON SHARES 38,625 $0.000000 Direct F4
* 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 The price reported is in U.S. dollars based on the exchange rate of C$1.00 to US$0.7686 as reported by Bloomberg as of May 9, 2022.
F3 On May 10, 2021, the reporting person was granted 4,679 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
F4 The RSUs vest in three substantially equal annual installments beginning May 12, 2023, subject to continued employment through each applicable date.

Remarks:

Senior Vice President, Legal, Regulatory Affairs and Corporate Secretary.