JEFFREY D. JACOBSON - 15 Aug 2022 Form 4 Insider Report for Cronos Group Inc. (CRON)

Role
Senior Vice President, Head of Growth (North America)
Signature
/s/ Aaron Werner, as attorney-in-fact for Jeffrey D. Jacobson
Issuer symbol
CRON
Transactions as of
15 Aug 2022
Transactions value $
-$113,274
Form type
4
Filing time
17 Aug 2022, 16:14:29 UTC
Previous filing
19 Apr 2022
Next filing
26 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRON COMMON SHARES Options Exercise $629K +260K +308.08% $2.42 344K 15 Aug 2022 Direct F1
transaction CRON COMMON SHARES Tax liability -$742K -182K -52.97% $4.07 162K 15 Aug 2022 Direct F1, 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 CRON COMMON SHARE OPTION (right to buy) Options Exercise $0 -260K -100% $0.00* 0 15 Aug 2022 COMMON SHARES 260K $2.42 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The prices are expressed in Canadian dollars.
F2 Represents common shares withheld, pursuant to the Irrevocable Instructions, to pay the exercise price and applicable withholding taxes, using the closing price of the Company's common shares on August 12, 2022 of C$4.07 as reported on the Toronto Stock Exchange.
F3 The options were granted August 24, 2017 and vested in monthly installments over a four-year period.

Remarks:

Senior Vice President, Head of Growth (North America)