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Canopy Growth Corp — Director's Dealing 2025
Jul 11, 2025
32768_dirs_2025-07-11_17bbacae-a305-4aeb-935d-37670c3e6253.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Canopy Growth Corp (CGC)
CIK: 0001737927
Period of Report: 2025-07-09
Reporting Person: Stewart Thomas Carlton (See Remarks)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 73971 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option | $445.80 | 2025-07-15 | Common Shares (8250) | Direct | |
| Stock Option | $213.40 | 2026-03-27 | Common Shares (421) | Direct | |
| Stock Option | $308.70 | 2027-06-09 | Common Shares (320) | Direct | |
| Stock Option | $135.80 | 2027-12-03 | Common Shares (4151) | Direct | |
| Stock Option | $48.40 | 2028-06-14 | Common Shares (2096) | Direct | |
| Stock Option | $6.20 | 2029-06-28 | Common Shares (13532) | Direct | |
| Stock Option | $7.59 | 2030-06-10 | Common Shares (8512) | Direct | |
| Stock Option | $1.47 | 2031-06-03 | Common Shares (46355) | Direct |
Footnotes
F1: The shares reported herein include (i) 11,536 restricted stock units ("RSUs") granted on August 22, 2023, which will vest in equal installments on the second and third anniversaries of the grant date; (ii) 6,997 RSUs granted on June 10, 2024, of which 3,499 will vest on June 15, 2026 and 3,498 will vest on June 15, 2027; and (iii) 55,400 RSUs granted on June 3, 2025, of which 18,467 will vest on June 15, 2026, 18,466 will vest on June 15, 2027, and 18,467 will vest on June 15, 2028.
F2: The options were granted on July 15, 2019 and are fully vested and exercisable.
F3: The options were granted on March 27, 2020 and are fully vested and exercisable.
F4: The options were granted on June 9, 2021 and are fully vested and exercisable.
F5: The options were granted on December 3, 2021 and are fully vested and exercisable.
F6: The options were granted on June 14, 2022 and are fully vested and exercisable.
F7: The options were granted on June 28, 2023, of which 6,766 are fully vested and exercisable and 6,766 will vest and become exercisable on the third anniversary of the grant date.
F8: The options were granted on June 10, 2024, of which 2,837 are fully vested and exercisable, 2,838 will vest and become exercisable on the second anniversary of the grant date, and 2,837 will vest and become exercisable on the third anniversary of the grant date.
F9: The options were granted on June 3, 2025, of which 18,467 will vest and become exercisable on the first anniversary of the grant date, 18,466 will vest and become exercisable on the second anniversary of the grant date, and 18,467 will vest and become exercisable on the third anniversary of the grant date.
F10: The exercise price is expressed in Canadian dollars.
F11: The exercise price is expressed in U.S. dollars.