Michael Ryan Gorenstein - 15 Mar 2025 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
15 Mar 2025
Net transactions value
-$212,534
Form type
4
Filing time
18 Mar 2025, 17:23:40 UTC
Previous filing
14 Mar 2025
Next filing
25 Mar 2025
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 +0.3% $0.000000 10,477,185 15 Mar 2025 Direct F1
transaction CRON COMMON SHARES Tax liability $23,323 -12,340 -0.12% $1.89 10,464,845 15 Mar 2025 Direct
transaction CRON COMMON SHARES Options Exercise $0 +324,539 +3.1% $0.000000 10,789,384 15 Mar 2025 Direct F1
transaction CRON COMMON SHARES Tax liability $189,212 -100,112 -0.93% $1.89 10,689,272 15 Mar 2025 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 -0.57% $0.000000 5,491,158 15 Mar 2025 COMMON SHARES 31,361 Direct F1, F2
transaction CRON RESTRICTED STOCK UNITS Options Exercise $0 -324,539 -5.9% $0.000000 5,166,619 15 Mar 2025 COMMON SHARES 324,539 Direct F1, F3
* 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 August 5, 2022, the reporting person was granted 94,083 RSUs, vesting in three substantially equal installments on each of March 15, 2023, March 15, 2024 and March 15, 2025.
F3 On March 15, 2023, the reporting person was granted 973,618 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.

Remarks:

Chairman, Chief Executive Officer, and President