Canopy Growth Corp — Director's Dealing 2024

Jun 13, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Canopy Growth Corp (CGC)
CIK: 0001737927
Period of Report: 2024-06-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-06-10	Common Shares	A	2090	—	Acquired	261860	Direct
2024-06-10	Common Shares	A	9129	—	Acquired	270989	Direct
2024-06-10	Common Shares	A	98815	—	Acquired	369804	Direct
2024-06-10	Common Shares	A	32939	—	Acquired	402743	Direct
2024-06-10	Common Shares	S	1779	$9.94	Disposed	400964	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-06-10	Stock Option	$7.59	A	360636	Acquired	2030-06-10	Common Shares (360636)	Direct
2024-06-10	Stock Option	$7.59	A	40071	Acquired	2030-06-10	Common Shares (40071)	Direct

Footnotes

F1: Represents conversion of performance stock units ("PSUs") to restricted stock units ("RSUs") upon determination by the Issuer's board of directors (the "Board") regarding the level of achievement of performance metrics, and such RSUs vested on June 9, 2024.

F2: On December 15, 2023, the Issuer effected a consolidation (the "Consolidation") of the Issuer's issued and outstanding Common Shares on the basis of one (1) post-Consolidation Common Share for every ten (10) pre-Consolidation Common Shares. The amount of securities reported on this Form 4 have been adjusted to reflect the Consolidation.

F3: Represents conversion of PSUs to RSUs upon determination by the Issuer's Board regarding the level of achievement of performance metrics, and such RSUs vest on June 14, 2025.

F4: The shares reported herein were granted on June 10, 2024, in the form of RSUs. These RSUs vest in three equal installments on June 15, 2025, June 15, 2026 and June 15 2027.

F5: The shares reported herein were granted on June 10, 2024, in the form of RSUs. These RSUs vest on June 15, 2025.

F6: The shares reported as disposed herein were granted on June 9, 2021 as PSUs, and subsequently converted to RSUs. The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of the RSUs.

F7: Price expressed in Canadian dollars, rounded to the nearest one hundredth.

F8: The options vest in three equal, annual installments on the first, second and third anniversaries of the grant date of June 10, 2024.

F9: The options vest on June 10, 2025.