NICHOLAS VITA - 05 Jul 2023 Form 4 Insider Report for Columbia Care Inc. (CBSTF)

Role: Chief Executive Officer, Director
Signature: /s/ David Sirolly as attorney-in-fact for Nicholas Vita
Issuer symbol: CBSTF
Transactions as of: 05 Jul 2023
Transactions value $: -$11,320
Form type: 4
Filing time: 07 Jul 2023, 18:11:55 UTC
Previous filing: 13 Sep 2023
Next filing: 28 Nov 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		+65.9K	+4.97%		1.39M	05 Jul 2023	Direct	F1
transaction	CBSTF	Common Shares	Tax liability	-$11.3K	-23.6K	-1.69%	$0.48	1.37M	05 Jul 2023	Direct	F2
holding	CBSTF	Common Shares						25.4M	05 Jul 2023	Held by Vita Holdings LLC

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	$0	-65.9K	-100%	$0.00^*	0	05 Jul 2023	Common Shares	65.9K		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 share of the Issuer's common stock.
F2	Converted from Canadian withholding price of C$0.64 using an exchange rate of C$1.3254 = US$1.00.
F3	263,514 RSUs were granted on September 30, 2019 and vest as follows: 1/4 annually beginning April 29, 2020. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.