Michael R. Gorenstein - Dec 13, 2023 Form 4 Insider Report for Cronos Group Inc. (CRON)

Role
Chairman, Chief Executive Officer, and President, Director
Signature
/s/ Aaron Werner, as attorney-in-fact for Michael R. Gorenstein
Stock symbol
CRON
Transactions as of
Dec 13, 2023
Transactions value $
-$124,551
Form type
4
Date filed
12/15/2023, 05:10 PM
Previous filing
May 15, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRON COMMON SHARES Options Exercise $0 +167K +1.56% $0.00 10.8M Dec 13, 2023 Direct F1
transaction CRON COMMON SHARES Tax liability -$125K -65.6K -0.61% $1.90 10.8M Dec 13, 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 -167K -6.28% $0.00 2.48M Dec 13, 2023 COMMON SHARES 167K 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 On December 13, 2022, the reporting person was granted 499,826 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.

Remarks:

Chairman, Chief Executive Officer, and President