Kendrick Foster Ashton JR - Nov 8, 2022 Form 4 Insider Report for Cronos Group Inc. (CRON)

Role
Director
Signature
/s/ Andrew Davisson, as attorney-in-fact
Stock symbol
CRON
Transactions as of
Nov 8, 2022
Transactions value $
$0
Form type
4
Date filed
11/10/2022, 07:10 PM
Previous filing
Aug 11, 2021
Next filing
Aug 10, 2023

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 DEFERRED SHARE UNITS Award $0 +53.8K +329.75% $0.00 70.1K Nov 8, 2022 COMMON SHARES 53.8K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon redemption, Deferred Share Units entitle Mr. Ashton to receive a lump sum cash payment in an amount equal to the fair market value of Company common shares on the date of redemption.
F2 Vested Deferred Share Units are mandatorily redeemable by Cronos Group Inc. (the "Company") on the first trading day after Mr. Ashton ceases to be a director of the Company.