Jeffrey D. Jacobson - Oct 24, 2022 Form 4 Insider Report for Cronos Group Inc. (CRON)

Role
SVP, Head of Growth (North America)
Signature
/s/ Aaron Werner, as attorney-in-fact for Jeffrey D. Jacobson
Stock symbol
CRON
Transactions as of
Oct 24, 2022
Transactions value $
-$64,012
Form type
4
Date filed
10/26/2022, 09:24 PM
Previous filing
Aug 17, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRON COMMON SHARES Award $0 +31.8K +19.66% $0.00 194K Oct 24, 2022 Direct F1, F2
transaction CRON COMMON SHARES Tax liability -$64K -16K -8.28% $3.99 178K Oct 24, 2022 Direct F1, 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 CRON RESTRICTED STOCK UNITS Award $0 +12.4K +13.02% $0.00 108K Oct 24, 2022 COMMON SHARES 12.4K Direct F1, F4, F5
transaction CRON RESTRICTED STOCK UNITS Award $0 +14K +13.03% $0.00 122K Oct 24, 2022 COMMON SHARES 14K Direct F1, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The date of the release of previously withheld grants of restricted stock units ("RSUs") that would have otherwise been granted to the reporting person on each of May 11, 2020 and March 1, 2021.
F2 The shares represent the shares that Mr. Jacobson would have received had certain awards of RSUs not been withheld and the RSUs had vested according to the corresponding vesting schedules for similarly-situated RSU awards in 2020 and 2021.
F3 Price is in Canadian dollars.
F4 Each RSU represents a contingent right to receive one common share of Cronos Group Inc.
F5 The RSUs vest on May 11, 2023.
F6 The RSUs vest in two substantially equal installments on each of March 1, 2023 and March 1, 2024

Remarks:

SVP, Head of Growth (North America)