JEFFREY D. JACOBSON - 15 Mar 2024 Form 4 Insider Report for Cronos Group Inc. (CRON)

Role
Chief Growth Officer
Signature
/s/ Aaron Werner, as attorney-in-fact for Jeffrey D. Jacobson
Issuer symbol
CRON
Transactions as of
15 Mar 2024
Transactions value $
-$71,529
Form type
4
Filing time
19 Mar 2024, 17:06:35 UTC
Previous filing
12 Mar 2024
Next filing
11 Mar 2025
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 $0 +31.8K +15.39% $0.00 238K 15 Mar 2024 Direct F1
transaction CRON COMMON SHARES Tax liability -$25K -12.6K -5.3% $1.98 226K 15 Mar 2024 Direct
transaction CRON COMMON SHARES Options Exercise $0 +59.2K +26.24% $0.00 285K 15 Mar 2024 Direct F1
transaction CRON COMMON SHARES Tax liability -$46.5K -23.5K -8.25% $1.98 261K 15 Mar 2024 Direct

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 RESTRICTED STOCK UNITS Options Exercise $0 -31.8K -7.51% $0.00 391K 15 Mar 2024 COMMON SHARES 31.8K Direct F1, F2
transaction CRON RESTRICTED STOCK UNITS Options Exercise $0 -59.2K -15.14% $0.00 332K 15 Mar 2024 COMMON SHARES 59.2K Direct F1, F3
* 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 common share of Cronos Group Inc.
F2 On March 15, 2022, the reporting person was granted 95,300 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
F3 On March 15, 2023, the reporting person was granted 177,573 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.