Jason M. Adler - Dec 14, 2022 Form 4 Insider Report for Cronos Group Inc. (CRON)

Role
Director
Signature
/s/ Terry Doucet, as attorney-in-fact for Jason M. Adler
Stock symbol
CRON
Transactions as of
Dec 14, 2022
Transactions value $
$575,185
Form type
4
Date filed
12/16/2022, 03:14 PM
Previous filing
Dec 14, 2022
Next filing
May 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRON COMMON SHARES Purchase $80.3K +28.4K +7.3% $2.83 417K Dec 14, 2022 Held by Gotham Green Fund III, LP F1, F2
transaction CRON COMMON SHARES Purchase $187K +66.2K +7.3% $2.83 973K Dec 14, 2022 Held by Gotham Green Fund III (Q), LP F1, F3
transaction CRON COMMON SHARES Purchase $92.3K +32.9K +7.88% $2.81 450K Dec 15, 2022 Held by Gotham Green Fund III, LP F2, F4
transaction CRON COMMON SHARES Purchase $215K +76.7K +7.88% $2.81 1.05M Dec 15, 2022 Held by Gotham Green Fund III (Q), LP F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $2.7781 to $2.87. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F2 Gotham Green GP III, LLC is the general partner of Gotham Green Fund III, LP. Mr. Adler, as the Managing Member of Gotham Green GP III, LLC, may be deemed to be the indirect beneficial owner of such shares for purposes of Section 16 of the Exchange Act. Mr. Adler disclaims that he is the beneficial owner of such shares, except to the extent of his pecuniary interest.
F3 Gotham Green GP III, LLC is the general partner of Gotham Green Fund III (Q), LP. Mr. Adler, as the Managing Member of Gotham Green GP III, LLC, may be deemed to be the indirect beneficial owner of such shares for purposes of Section 16 of the Exchange Act. Mr. Adler disclaims that he is the beneficial owner of such shares, except to the extent of his pecuniary interest.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $2.775 to $2.84. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.