Jeffrey D. Jacobson - 24 Oct 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
Issuer symbol
CRON
Transactions as of
24 Oct 2022
Net transactions value
-$64,012
Form type
4
Filing time
26 Oct 2022, 21:24:14 UTC
Previous filing
17 Aug 2022
Next filing
03 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRON COMMON SHARES Award $0 +31,841 +20% $0.000000 193,810 24 Oct 2022 Direct F1, F2
transaction CRON COMMON SHARES Tax liability $64,012 -16,043 -8.3% $3.99 177,767 24 Oct 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 +12,411 +13% $0.000000 107,711 24 Oct 2022 COMMON SHARES 12,411 Direct F1, F4, F5
transaction CRON RESTRICTED STOCK UNITS Award $0 +14,035 +13% $0.000000 121,746 24 Oct 2022 COMMON SHARES 14,035 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)