Michael R. Gorenstein - 13 Dec 2022 Form 4 Insider Report for Cronos Group Inc. (CRON)

Role
Chairman, President, and Chief Executive Officer, Director
Signature
/s/ Aaron Werner, as attorney-in-fact for Michael R. Gorenstein
Issuer symbol
CRON
Transactions as of
13 Dec 2022
Net transactions value
$0
Form type
4
Filing time
15 Dec 2022, 15:05:26 UTC
Previous filing
31 Oct 2022
Next filing
03 Mar 2023
SEC
View on sec.gov

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 +499,826 +15% $0.000000 3,781,887 13 Dec 2022 COMMON SHARES 499,826 Direct F1, F2
* 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 RSUs vest in three substantially equal installments on each of December 13, 2023, December 13, 2024, and December 13, 2025.

Remarks:

Chairman, President, and Chief Executive Officer