Michael R. Gorenstein - 15 Mar 2023 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
15 Mar 2023
Net transactions value
-$15,196
Form type
4
Filing time
17 Mar 2023, 20:39:23 UTC
Previous filing
03 Mar 2023
Next filing
15 May 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 Options Exercise $0 +31,361 +0.33% $0.000000 9,649,732 15 Mar 2023 Direct F1
transaction CRON COMMON SHARES Tax liability $15,196 -7,636 -0.08% $1.99 9,642,096 15 Mar 2023 Direct

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 Options Exercise $0 -31,361 -0.84% $0.000000 3,687,867 15 Mar 2023 COMMON SHARES 31,361 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 annual installments beginning March 15, 2023, subject to continued employment through each applicable date.

Remarks:

Chairman, President, and Chief Executive Officer