Michael Ryan Gorenstein - 13 Dec 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
Issuer symbol
CRON
Transactions as of
13 Dec 2023
Net transactions value
-$124,551
Form type
4
Filing time
15 Dec 2023, 17:10:39 UTC
Previous filing
15 May 2023
Next filing
05 Mar 2024
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 +166,592 +1.6% $0.000000 10,820,309 13 Dec 2023 Direct F1
transaction CRON COMMON SHARES Tax liability $124,551 -65,553 -0.61% $1.90 10,754,756 13 Dec 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 -166,592 -6.3% $0.000000 2,484,998 13 Dec 2023 COMMON SHARES 166,592 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