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ALTRIA GROUP, INC. — Director's Dealing 2019
Dec 31, 2019
29853_dirs_2019-12-31_f10256bd-3e58-4984-83db-1fac83606f41.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Cronos Group Inc. (CRON)
CIK: 0001656472
Period of Report: 2019-12-31
Reporting Person: ALTRIA GROUP, INC. (10% Owner)
Reporting Person: Altria Summit LLC (10% Owner)
Reporting Person: Maple Holdco (Bermuda) Ltd. (10% Owner)
Reporting Person: Maple Acquireco (Canada) ULC (10% Owner)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common shares, no par value ("Common Shares") | 156573537 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Warrant (right to buy) | $19.00 | 2023-03-08 | Common Shares (77320265) | Indirect |
Footnotes
F1: This Form 3 is being jointly filed by and on behalf of each of the following persons (each, a "Reporting Person") in connection with the transition by Cronos Group Inc. (the "Issuer") from a foreign private issuer to a domestic issuer, effective January 1, 2020: (i) Altria Group, Inc., a corporation organized under the laws of the Commonwealth of Virginia ("Altria"); (ii) Altria Summit LLC, a limited liability company organized and existing under the laws of the Commonwealth of Virginia ("Altria Summit"); (iii) Maple Holdco (Bermuda) Ltd., a company organized under the laws of Bermuda ("Bermuda Holdco"); and (iv) Maple Acquireco (Canada) ULC, an unlimited liability company organized under the laws of the province of British Columbia, Canada ("Acquireco").
F2: Acquireco is wholly owned by Bermuda Holdco, which is wholly owned by Altria Summit, which is wholly-owned by Altria. Altria Summit is a manager-managed limited liability company and Altria is its sole member.
F3: Reflects 156,573,537 Common Shares of the Issuer directly held by Acquireco.
F4: Reflects a warrant (the "Warrant") to purchase up to an additional 77,320,265 Common Shares of the Issuer directly held by Altria Summit. The Warrant is currently exercisable and is subject to customary anti-dilution adjustments.
F5: The exercise price is expressed in Canadian dollars.