MICHAEL ABBOTT - 29 Apr 2022 Form 4 Insider Report for Columbia Care Inc. (CBSTF)

Role: Executive Chairman, Director
Signature: /s/ David Sirolly as attorney-in-fact for Michael Abbott
Issuer symbol: CBSTF
Transactions as of: 29 Apr 2022
Net transactions value: -$294,060
Form type: 4
Filing time: 03 May 2022, 16:24:54 UTC
Previous filing: 14 Apr 2022
Next filing: 20 Oct 2022
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		+159,761	+50%		480,912	29 Apr 2022	Direct	F1
transaction	CBSTF	Common Shares	Options Exercise		+56,330	+12%		537,242	29 Apr 2022	Direct	F1
transaction	CBSTF	Common Shares	Options Exercise		+51,239	+9.5%		588,481	29 Apr 2022	Direct	F1
transaction	CBSTF	Common Shares	Tax liability	$294,060	-106,931	-18%	$2.75	481,550	29 Apr 2022	Direct	F2

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	-159,761	-33%	$0.000000	319,523	31 Mar 2022	Common Shares	159,761		Direct	F1, F3
transaction	CBSTF	Restricted Stock Units	Options Exercise	$0	-56,330	-25%	$0.000000	168,990	31 Mar 2022	Common Shares	56,330		Direct	F1, F4
transaction	CBSTF	Restricted Stock Units	Options Exercise	$0	-51,239	-50%	$0.000000	51,239	31 Mar 2022	Common Shares	51,239		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 withholding price of C$3.50 using an exchange rate of C$1.2734 = US$1.00.
F3	639,045 RSUs were granted on March 31, 2020, and vest as follows: 1/4 annually beginning March 31, 2021. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.
F4	225,320 RSUs were granted on March 23, 2021, and vest as follows: 1/4 annually beginning March 23, 2022. Settlement of vested RSUs will occur within 60 days of the applicable vesting date.
F5	204,955 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.