Murray R. Garnick - 08 Aug 2024 Form 4 Insider Report for Cronos Group Inc. (CRON)

Role
Director
Signature
/s/ Ryan Morgan, as attorney-in-fact for Murray R. Garnick
Issuer symbol
CRON
Transactions as of
08 Aug 2024
Net transactions value
$0
Form type
4
Filing time
12 Aug 2024, 17:02:33 UTC
Previous filing
21 Jun 2024
Next filing
11 Aug 2025
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 DEFERRED SHARE UNITS Award $0 +64,655 $0.000000 64,655 08 Aug 2024 COMMON SHARES 64,655 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon redemption, Deferred Share Units entitle the reporting person to receive a lump sum cash payment in an amount equal to the fair market value of the common shares of Cronos Group Inc. (the "Company") on the date of redemption.
F2 Vested Deferred Share Units are mandatorily redeemed by the Company on the first trading day after the reporting person ceases to be a director of the Company.