Canopy Growth Corp — Director's Dealing 2020

Jun 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Canopy Growth Corp (CGC)
CIK: 0001737927
Period of Report: 2020-06-01

Reporting Person: Klein David Eric (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-01	Common Shares	A	91745	$0.00	Acquired	350527	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-01	Stock Option	$21.34	A	183489	Acquired	2026-03-27	Common Shares (183489)	Direct

Footnotes

F1: On June 1, 2020, the issuer's board of directors determined that the performance criteria with respect to 91,745 performance stock units that had been granted to the reporting person on March 27, 2020, which were to be set by subsequent action of the board of directors, would not be set. As such, these 91,745 performance stock units are reported herein as 91,745 restricted stock units that will vest equally in three annual installments on the first, second and third anniversary of the original grant date.

F2: Includes 208,460 restricted stock units previously awarded to the reporting person that are subject to vesting conditions.

F3: The exercise price is expressed in Canadian dollars.

F4: On June 1, 2020, the issuer's board of directors determined that the performance criteria with respect to 183,489 stock options that had been granted to the reporting person on March 27, 2020, which were to be set by subsequent action of the board of directors, would not be set. As such, these 183,489 stock options are reported in Table II herein and will vest equally in three annual installments on the first, second and third anniversary of the original grant date.