JASON M. ADLER - 15 May 2023 Form 4 Insider Report for Cronos Group Inc. (CRON)

Role
Director
Signature
/s/ Aaron Werner, as attorney-in-fact for Jason M. Adler
Issuer symbol
CRON
Transactions as of
15 May 2023
Transactions value $
$164,066
Form type
4
Filing time
17 May 2023, 16:14:48 UTC
Previous filing
16 Dec 2022
Next filing
22 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRON COMMON SHARES Purchase $23.3K +13.3K +1.27% $1.76 1.06M 15 May 2023 Held by Gotham Green Fund III (Q), LP F1, F2
transaction CRON COMMON SHARES Purchase $10K +5.7K +1.27% $1.76 456K 15 May 2023 Held by Gotham Green Fund III, LP F1, F3
transaction CRON COMMON SHARES Purchase $91.5K +53.3K +5.01% $1.72 1.12M 16 May 2023 Held by Gotham Green Fund III (Q), LP F2, F4
transaction CRON COMMON SHARES Purchase $39.2K +22.8K +5.01% $1.72 479K 16 May 2023 Held by Gotham Green Fund III, LP F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $1.745 to $1.77. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F2 Gotham Green GP III, LLC is the general partner of Gotham Green Fund III (Q), LP. Mr. Adler, as the Managing Member of Gotham Green GP III, LLC, may be deemed to be the indirect beneficial owner of such shares for purposes of Section 16 of the Exchange Act. Mr. Adler disclaims that he is the beneficial owner of such shares, except to the extent of his pecuniary interest.
F3 Gotham Green GP III, LLC is the general partner of Gotham Green Fund III, LP. Mr. Adler, as the Managing Member of Gotham Green GP III, LLC, may be deemed to be the indirect beneficial owner of such shares for purposes of Section 16 of the Exchange Act. Mr. Adler disclaims that he is the beneficial owner of such shares, except to the extent of his pecuniary interest.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $1.69 to $1.74. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.