DEREK WATSON - 20 Mar 2025 Form 4 Insider Report for Cannabist Co Holdings Inc. (CBSTF)

Role: Chief Financial Officer
Signature: /s/ David Sirolly as attorney-in-fact for Derek Watson
Issuer symbol: CBSTF
Transactions as of: 20 Mar 2025
Transactions value $: $0
Form type: 4
Filing time: 24 Mar 2025, 15:07:13 UTC
Previous filing: 14 Feb 2025
Next filing: 02 Apr 2025
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		+221,000	+30.46%		946,651	20 Mar 2025	Direct	F1

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	Common Shares	Options Exercise	$0	-221,000	-34%	$0	429,000	20 Mar 2025	Common Shares	221,000		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 share of the Issuer's common stock.
F2	650,000 RSUs were granted on March 20, 2024, vesting as follows: 1/3 annually over three years, beginning on March 20, 2025. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.