Derek Watson - 31 Mar 2022 Form 4 Insider Report for Columbia Care Inc. (CBSTF)

Role
Chief Financial Officer
Signature
/s/ David Sirolly as attorney-in-fact for Derek Watson
Issuer symbol
CBSTF
Transactions as of
31 Mar 2022
Transactions value $
$0
Form type
4
Filing time
14 Apr 2022, 13:24:09 UTC
Previous filing
14 Feb 2022
Next filing
01 Jun 2022
SEC
View on sec.gov

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 Award $0 +216K $0.00 216K 31 Mar 2022 Common Shares 216K Direct F1, F2
transaction CBSTF Restricted Stock Units Award $0 +166K $0.00 166K 31 Mar 2022 Common Shares 166K Direct F1, F3
transaction CBSTF Restricted Stock Units Award $0 +166K $0.00 166K 31 Mar 2022 Common Shares 166K 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 vest as follows: 1/4 annually on March 31, 2023, March 31, 2024, March 31, 2025 and March 31, 2026. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.
F3 The RSUs vest as follows: 75% on March 31, 2024; 25% on March 31, 2025. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.