BRYAN OLSON - 03 May 2023 Form 4 Insider Report for Columbia Care Inc. (CBSTF)

Role
Chief People/Admin Officer
Signature
/s/ David Sirolly as attorney-in-fact for Bryan Olson
Issuer symbol
CBSTF
Transactions as of
03 May 2023
Net transactions value
-$23,769
Form type
4
Filing time
05 May 2023, 18:20:50 UTC
Previous filing
13 Apr 2023
Next filing
07 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBSTF Common Shares Options Exercise +54,775 +10% 593,280 03 May 2023 Direct F1
transaction CBSTF Common Shares Options Exercise +25,959 +4.4% 619,239 03 May 2023 Direct F1
transaction CBSTF Common Shares Options Exercise +53,986 +8.7% 673,225 03 May 2023 Direct F1
transaction CBSTF Common Shares Tax liability $23,769 -48,509 -7.2% $0.4900 624,716 03 May 2023 Direct F2
holding CBSTF Common Shares 1,000 03 May 2023 Held in IRA

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 CBSTF Restricted Stock Units Options Exercise -54,775 -50% 54,776 03 May 2023 Common Shares 54,775 $0.000000 Direct F1, F3
transaction CBSTF Restricted Stock Units Options Exercise -25,959 -33% 51,917 03 May 2023 Common Shares 25,959 $0.000000 Direct F1, F4
transaction CBSTF Restricted Stock Units Options Exercise -53,986 -25% 161,961 03 May 2023 Common Shares 53,986 $0.000000 Direct F1, F5
* 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 share of the Issuer's common stock.
F2 Converted from Canadian price of $0.67 using an exchange rate of C$1.3612 = US$1.00.
F3 219,102 RSUs were granted on March 31, 2020, and vest as follows: 1/4 annually beginning March 31, 2021, with settlement of vested RSUs to occur as soon as practicable following the vesting date.
F4 103,834 RSUs were granted on March 23, 2021, and vest as follows: 1/4 annually beginning March 23, 2022, with settlement of vested RSUs to occur as soon as practicable following the vesting date.
F5 215,947 RSUs were granted on March 31, 2022, and vest as follows: 1/4 annually beginning March 31, 2023, with settlement of vested RSUs to occur as soon as practicable following the vesting date.