DEREK WATSON - 05 Apr 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: 05 Apr 2025
Transactions value $: $0
Form type: 4
Filing time: 07 Apr 2025, 10:29:05 UTC
Previous filing: 02 Apr 2025
Next filing: 28 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		+545,455	+50.33%		1,629,150	05 Apr 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	-545,455	-50%	$0	545,455	05 Apr 2025	Common Shares	545,455		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	The RSUs were granted on August 7, 2023, and vest as follows: 40% of the total grant vested on April 5, 2024, and 30% of the total grant will vest on each of April 5, 2025, and April 5, 2026. Settlement of vested RSUs will occur as soon as practicable following vesting.